2008 News Releases

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11/26/08Cal Water President & CEO to Speak at NYSSA Water Conference
SAN JOSE, CA, Nov 26, 2008 (MARKET WIRE via COMTEX News Network) -- Peter C. Nelson, president & CEO of California Water Service Group (Cal Water) (NYSE: CWT), will give a presentation about the company at the New York Society of Security Analysts (NYSSA) Water Utility Conference on Dec. 4, 2008, at 9:35 a.m. Eastern time at the NYSSA office in New York City. Nelson's presentation will not be webcast live; however, it will be included in the archived webcast available at www.nyssa.org a fe... 
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10/29/08Cal Water Announces Results for the 3rd Quarter of 2008
SAN JOSE, CA, Oct 29, 2008 (MARKET WIRE via COMTEX News Network) -- California Water Service Group (NYSE: CWT) today announced net income of $22.2 million for the third quarter of 2008, up 61% compared to $13.8 million in the third quarter of 2007. Earnings per diluted share were $1.06 for the third quarter of 2008, up 58% compared to earnings per diluted share of $0.67 in the third quarter of 2007. Revenues increased by $17.9 million, or 16%, to $131.7 million, with rate increases addin... 
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10/29/08California Water Service Group Board of Directors Declares 256th Consecutive Quarterly Dividend
SAN JOSE, CA, Oct 29, 2008 (MARKET WIRE via COMTEX News Network) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 256th consecutive quarterly dividend in the amount of $0.2925 per common share. It will be payable on November 14, 2008, to stockholders of record on November 3, 2008. California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Servi... 
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10/16/08California Water Service Group Schedules Third Quarter 2008 Earnings Results Announcement and Teleconference
SAN JOSE, CA, Oct 16, 2008 (MARKET WIRE via COMTEX News Network) -- California Water Service Group (NYSE: CWT) today announced that its third quarter earnings results will be released after the market-close on Wednesday, October 29, 2008, and its teleconference will be held at 11 a.m. ET on Thursday, October 30, 2008. All stockholders and interested investors are invited to listen to the teleconference. The 2008 third quarter conference call may be accessed by dialing 1-866-259-1024 and k... 
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09/03/08Hawaii Water Service Company Completes Acquisition of Waikoloa Water and Wastewater Systems
SAN JOSE, CA, Sep 03, 2008 (MARKET WIRE via COMTEX News Network) -- Today Hawaii Water Service Company, a subsidiary of California Water Service Group (NYSE: CWT), completed its acquisition of Waikoloa Resort Utilities, Inc., Waikoloa Water Company, Inc., and Waikoloa Sanitary Sewer Company, Inc. (collectively known as West Hawaii Utilities), which provide water and wastewater services to homes, condominiums, hotels, golf courses, and shops at Waikoloa Beach Resort and in Waikoloa Village,... 
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07/30/08Cal Water Announces Results for the 2nd Quarter of 2008
SAN JOSE, Calif.--(BUSINESS WIRE)--July 30, 2008--California Water Service Group (NYSE: CWT) today announced net income of $10.1 million, up 31% from $7.7 million in the second quarter of 2007, and earnings per common share of $0.48, an increase of 30% over $0.37 in the same period last year. Revenues increased by $9.8 million, or 10%, to $105.6 million, with rate increases adding $6.0 million, sales to existing customers adding $3.6 million, and water usage by new customers addin... 
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07/23/08California Water Service Group Board of Directors Declares 255th Consecutive Quarterly Dividend
SAN JOSE, Calif., Jul 23, 2008 (BUSINESS WIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 255th consecutive quarterly dividend in the amount of $0.2925 per common share. It will be payable on August 15, 2008, to stockholders of record on August 4, 2008. The regular dividend on Series C preferred stock was also declared. California Water Service Group is the parent company of California Water Service Company, Washington ... 
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07/17/08California Water Service Group Schedules Second Quarter 2008 Earnings Results Announcement and Teleconference
SAN JOSE, Calif.--(BUSINESS WIRE)--July 17, 2008--California Water Service Group (NYSE: CWT) today announced that its second quarter earnings results will be released after the market-close on Wednesday, July 30, 2008, and its teleconference will be held at 11 a.m. EDT on Thursday, July 31, 2008. All stockholders and interested investors are invited to listen to the teleconference. The 2008 second quarter conference call may be accessed by dialing 1-866-837-9789 and keying in ID# ... 
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07/14/08California Public Utilities Commission Issues Decision on California Water Service Company's 2007 General Rate Case
SAN JOSE, Calif.--(BUSINESS WIRE)--July 14, 2008--At its meeting on July 10, the California Public Utilities Commission (CPUC) approved a settlement between the CPUC's Division of Ratepayer Advocates and California Water Service Company (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), authorizing rate increases in eight Cal Water districts. The decision authorizes rate increases totaling $33.4 million for operating districts in Chico, East Los Ang... 
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07/14/08California Water Service Group to Redeem All Outstanding Shares of Its Series C Preferred Stock
SAN JOSE, Calif.--(BUSINESS WIRE)--July 14, 2008--California Water Service Group (NYSE: CWT) today announced that it will redeem all 139,000 outstanding shares of its 4.4% "Series C" preferred stock on August 15, 2008. The Series C will be redeemed in cash at a redemption price of $26.75 per share, plus all accrued and unpaid dividends in respect of the Series C up to but not including the redemption date. After completion of the redemption there will not be any Series C preferred sto... 
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06/05/08Cal Water Activates Stage I of Its Drought Management Plan; Asks Customers to Reduce Water Usage by 10%
SAN JOSE, Calif.--(BUSINESS WIRE)--June 5, 2008--California Water Service Company (Cal Water) (NYSE:CWT) announced today that it has activated Stage I of its Drought Management Plan for its 24 operating districts and encouraged the two million people it serves throughout the state of California to reduce their water usage by 10%. "We have been actively encouraging customers to conserve water for some time, and in fact will be implementing tiered rates in most of our service areas ... 
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05/30/08Cal Water President & CEO to Speak at Water Industry Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--May 30, 2008--Peter C. Nelson, president & CEO of California Water Service Group (Cal Water) (NYSE: CWT), will give a presentation about the company at IncreMental Advantage's Profiting in the Water Industry Conference on Thursday, June 5, 2008, at 9:10 a.m. Eastern time at The Harvard Club in New York City. California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Wate... 
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05/01/08California Water Service Group Board of Directors Declares 254th Consecutive Quarterly Dividend
SAN JOSE, Calif.--(BUSINESS WIRE)--May 1, 2008--California Water Service Group (NYSE:CWT) announced today that its Board of Directors has declared the company's 254th consecutive quarterly dividend in the amount of $0.2925 per common share. It will be payable on May 16, 2008, to stockholders of record on May 5, 2008. The regular dividend on Series C preferred stock was also declared. California Water Service Group is the parent company of California Water Service Company, Washingt... 
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04/30/08Cal Water Announces First Quarter 2008 Results
SAN JOSE, Calif.--(BUSINESS WIRE)--April 30, 2008--California Water Service Group (NYSE:CWT) today announced net income of $0.2 million and diluted earnings per common share of $0.01 for the first quarter of 2008, compared to net income of $1.6 million and diluted earnings per common share of $0.07 for the first quarter of 2007. Revenues increased by $1.4 million, or 2%, to $72.9 million, with rate increases adding $4.2 million and sales to new customers adding $0.4 million, par... 
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04/17/08California Water Service Group Schedules First Quarter 2008 Earnings Results Announcement and Teleconference
SAN JOSE, Calif., Apr 17, 2008 (BUSINESS WIRE) -- California Water Service Group (NYSE: CWT) today announced that its first quarter earnings results will be released after the market-close on Wednesday, April 30, 2008, and its teleconference will be held at 11 a.m. EDT on Thursday, May 1, 2008. All stockholders and interested investors are invited to listen to the teleconference. The 2008 first quarter conference call may be accessed by dialing 1-866-814-1919 and keying in ID# 1226399. A r... 
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04/07/08Cal Water President & CEO to Speak at Water Industry Summit
SAN JOSE, Calif.--(BUSINESS WIRE)--April 7, 2008--California Water Service Group (NYSE:CWT) President and Chief Executive Officer Peter C. Nelson will give a presentation about the company at Janney Montgomery Scott's 2008 Water Industry Summit. The presentation, part of a panel discussion called "Municipal and Private Water Utilities: Meeting the CapEx Challenge," will be held at The Grand Hyatt Hotel in New York City on Tuesday, April 8, 2008, at 9:15 a.m. Eastern time. Califo... 
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03/31/08California Water Service Group Announces Selection of Deloitte & Touche LLP as Independent Registered Public Accountants
SAN JOSE, Calif., Mar 31, 2008 (BUSINESS WIRE) -- California Water Service Group (NYSE:CWT) today announced the selection of Deloitte & Touche LLP (Deloitte) as the Company's independent registered public accounting firm, subject to their customary client acceptance procedures. In February of this year, the Company's audit committee decided, in accordance with good corporate governance practices, to undertake a thorough assessment of audit firms that serve regulated companies. After condu... 
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03/26/08California Water Service Group Announces Election of Edwin A. Guiles to Its Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--March 26, 2008--On March 26, 2008, Edwin A. Guiles, 58, was elected to the Board of California Water Service Group (NYSE:CWT). Guiles' career in the energy industry spans 36 years; prior to assuming his current position as Executive Vice President of Corporate Development at San Diego-based Sempra Energy, he held a range of senior management positions, including Chairman and CEO of the Sempra Energy Utilities, San Diego Gas & Electric, and Southe... 
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03/24/08Cal Water CFO to Speak at Edward Jones Utility Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--March 24, 2008--Martin A. Kropelnicki, Chief Financial Officer and Treasurer of California Water Service Group (Cal Water) (NYSE:CWT), will give a presentation about the company at the Edward Jones Mid-Cap Utility Conference on Tuesday, March 25, 2008, at 1:25 p.m. Eastern time at the New York Palace hotel in New York City. Kropelnicki's presentation will not be webcast live; however, it can be viewed from the Calendar of Events page on Cal Water... 
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02/27/08California Water Service Group Announces Revenues and Earnings for 4th Quarter and Year-End 2007
SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 27, 2008--California Water Service Group (NYSE:CWT) today announced net income of $8.0 million for the fourth quarter of 2007, an increase of 25% over net income of $6.4 million in the fourth quarter of 2006, and diluted earnings per common share of $0.39, compared to $0.31 per common share for the same period last year. Revenue for the fourth quarter increased $5.2 million, or 6.5%, to $85.9 million, from $80.6 million for the same period l... 
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02/14/08California Water Service Group Schedules Fourth Quarter and Year-End 2007 Earnings Announcement and Teleconference
SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 14, 2008--California Water Service Group (NYSE:CWT) today announced that its fourth quarter and year-end earnings results will be released after the market-close on Wednesday, February 27, 2008, and its teleconference will be held at 11 a.m. EDT on Thursday, February 28, 2008. All stockholders and interested investors are invited to listen to the teleconference. The 2007 fourth quarter and year-end conference call may be accessed by dialing ... 
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01/23/08California Water Service Group Board of Directors DECLARES 253rd CONSECUTIVE Quarterly DIVIDEND and 41st CONSECUTIVE Annual Dividend Increase
Annual Stockholders' Meeting Set for May 27, 2008 SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 23, 2008--At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 253rd consecutive quarterly dividend, increasing the annual dividend from $1.16 to $1.17. This represents the company's 41st consecutive annual dividend increase. The quarterly dividend of $0.2925 per common share will be payable on February 15, 2008, to stockholders of reco... 
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