SOURCE: Florida Public Utilities Co.

March 13, 2007 13:00 ET

Florida Public Utilities Company Announces Dividend

WEST PALM BEACH, FL -- (MARKET WIRE) -- March 13, 2007 -- The Board of Directors of Florida Public Utilities Company (AMEX: FPU), at a meeting held on March 13, 2007, declared the following dividends payable April 2, 2007 to stockholders of record at the close of business on March 16, 2007:

       4 3/4% Cumulative Preferred Stock    $1.1875 per share
       Common Stock                         $0.1075 per share
This is the 61st consecutive year that the Company has paid a quarterly cash dividend.