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Unitil Hosts Annual Shareholders Meeting

Hampton, NH – April 19, 2001: Unitil Corporation (AMEX: UTL) (www.unitil.com) held its Annual Shareholders Meeting today at Unitil Corporate headquarters in Hampton, New Hampshire.

Shareholders elected Michael J. Dalton, Bruce W. Keough, and Eben S. Moulton to Unitil’s Board of Directors for new three-year terms by majorities of nearly 80%.

Following the election of the Directors, Robert G. Schoenberger, CEO and Chairman of Unitil Corporation, made a presentation to the shareholders in attendance and members of the management team answered a variety of questions.

"We are pleased to report on the continuing good performance of our company during a challenging period in our industry," said Bob Schoenberger. "Our utility businesses remain strong and serve some of the fastest growing areas in New England. Relative to our unregulated business activity, our investment in Enermetrix continues to perform well and we are actively managing our new Usource business to improve financial performance."

Unitil Corporation is a public utility holding company with subsidiaries providing electric service in New Hampshire, electric and gas service in Massachusetts and energy service throughout the Northeast. Its subsidiaries are Concord Electric Company, Exeter & Hampton Electric Company, Fitchburg Gas and Electric Light Company, Unitil Power Corp., Unitil Realty Corp., Unitil Resources, Inc. and Unitil Service Corp.

Contact
Mark Collin
collin@unitil.com

Corporate Office
Liberty Lane West
Hampton, NH 03842-1720
800/999-6501