SOURCE: Florida Public Utilities Co.

August 22, 2006 12:24 ET

Florida Public Utilities Company Announces Dividend

WEST PALM BEACH, FL -- (MARKET WIRE) -- August 22, 2006 -- The Board of Directors of Florida Public Utilities Company (AMEX: FPU), at a meeting held on August 22, 2006, declared the following dividends payable October 2, 2006 to stockholders of record at the close of business on September 8, 2006:

     4 3/4% Cumulative Preferred Stock      $1.1875 per share
     Common Stock                           $0.1075 per share
This is the 60th consecutive year that the Company has paid a quarterly cash dividend.