News Release Details

Portland General Electric Declares Dividend

May 2, 2007 at 12:00 AM EDT

PORTLAND, Ore., May 02, 2007 (BUSINESS WIRE) -- The Board of Directors of Portland General Electric Company (NYSE:POR) has declared a quarterly common stock dividend of 23.5 cents per share. The dividend is payable on July 16, 2007, to shareholders of record at the close of business on June 25, 2007. The newly declared quarterly dividend represents a 4.4% increase over the last quarterly common stock dividend of 22.5 cents per share.

About Portland General Electric Company

Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves approximately 796,000 residential, commercial and industrial customers in Oregon. Visit our Web site at www.PortlandGeneral.com

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Source: Portland General Electric Company

SOURCE: Portland General Electric Company

Portland General Electric Company
Media Contact:
Gail Baker
Director, Corporate Communications
Phone: 503-464-8693
or
Investor Contact:
Bill Valach
Director, Investor Relations
Phone: 503-464-7395

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