CUC announces declaration of regular quarterly dividend on Class A Ordinary Shares



    CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR
    TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE (TRADING
    SYMBOL: CUP.U)

    GRAND CAYMAN, CAYMAN ISLANDS, Aug. 9 /CNW/ - Caribbean Utilities Company,
Ltd. ("CUC") announced today that the Board of Directors has declared a
regular quarterly dividend of US$0.165 per Class A Ordinary Share, or an
annualized dividend of US$0.66 per share. The dividend will be payable
September 15, 2007 to shareholders of record August 24, 2007.

    %SEDAR: 00002251E




For further information:

For further information: Robert D. Imparato, Company Secretary and Chief
Governance Officer, Phone: (345) 949-5200, Fax: (345) 949-4621


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