Florida Public Utilities Company Announces Quarterly Dividend

WEST PALM BEACH, FL–(EMWNews – August 20, 2008) – The Board of Directors of Florida

Public Utilities Company (AMEX: FPU), at its meeting held on August 20,

2008, declared a quarterly dividend of $0.1175 per share on the Company’s

common stock, payable October 1, 2008 to shareholders of record at the

close of business on September 12, 2008.

At today’s meeting, the Board of Directors also declared a quarterly

dividend of $1.1875 per share on the Company’s 4-3/4% Cumulative Preferred

Stock, payable October 1, 2008 to shareholders of record at the close of

business on September 12, 2008.

This is the 62nd consecutive year the Company has paid a quarterly

dividend.