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Unitil Declares Common Stock Dividend

HAMPTON, N.H., Sept 22, 2010 /PRNewswire via COMTEX/ --

Unitil Corporation (NYSE: UTL) (www.unitil.com) today announced that its Board of Directors declared the regular quarterly dividend on the Company's common stock of $0.345 per share, payable on November 15, 2010 to shareholders of record on November 1, 2010. This quarterly dividend results in a current effective annual dividend rate of $1.38 per share.

About Unitil

Unitil is a public utility holding company with subsidiaries providing electric and gas distribution service in New Hampshire and Massachusetts, gas distribution service in Maine and energy services throughout the northeast. Unitil serves approximately 170,000 utility customers in three states. Its utility affiliates include Unitil Energy Systems, Inc., Fitchburg Gas and Electric Light Company, Northern Utilities, Inc. and Granite State Gas Transmission, Inc. Its other subsidiaries include Unitil Service Corp. and its non-regulated business segment Unitil Resources, Inc. Usource L.L.C. is a subsidiary of Unitil Resources, Inc.


    Contact:
    David Chong - Investor Relations
    Phone: 603-773-6499
    Email: chong@unitil.com

    Alec O'Meara - Media Relations
    Phone: 603-773-6404
    Email: omeara@unitil.com


SOURCE Unitil Corporation