ROCHESTER, N.Y., July 10 /PRNewswire-FirstCall/ -- The board of directors of New York State Electric & Gas Corporation (NYSEG) today declared the following quarterly dividends on preferred stock payable October 1, 2008 to holders of record at the close of business September 4, 2008. Series Amount Per Share 3.75% 93.75 cents 4 1/2% $1.125 About NYSEG: NYSEG is a Rochester-based subsidiary of Energy East Corporation (NYSE:EAS), a super-regional energy services and delivery company in the Northeast. We serve 872,000 electricity customers and 256,000 natural gas customers across more than 40% of upstate New York. By providing outstanding customer service and meeting our customers' energy requirements in an environmentally-responsible manner, we will continue to be a valuable asset to the communities we serve. For more information about NYSEG, visit nyseg.com. DATASOURCE: New York State Electric & Gas Corporation CONTACT: Clayton Ellis, NYSEG Corporate Communications, +1-607-762-7336 Web site: http://nyseg.com/ http://www.energyeast.com/

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