Niagara Mohawk Declares Preferred Stock Dividends

Apr 25, 2001, 01:00 ET from Niagara Mohawk Power Corp.

    SYRACUSE, N.Y., April 25 /PRNewswire/ -- At a regular meeting today, the
 Board of Directors of Niagara Mohawk Power Corp., a subsidiary of Niagara
 Mohawk Holdings, Inc., (NYSE:   NMK) declared dividends at prescribed rates for
 all series of its preferred stock.
     The second-quarter dividend rate per annum for the adjustable rate
 preferred stock Series A is 6.50 percent; Series B is 7.50 percent; and Series
 C is 7.00 percent.  These rates equate to payments of $0.40625; $0.46875; and
 $0.4375 per share, respectively.  Preferred dividends are payable June 30 to
 holders of record June 8, 2001.
 
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SOURCE Niagara Mohawk Power Corp.
    SYRACUSE, N.Y., April 25 /PRNewswire/ -- At a regular meeting today, the
 Board of Directors of Niagara Mohawk Power Corp., a subsidiary of Niagara
 Mohawk Holdings, Inc., (NYSE:   NMK) declared dividends at prescribed rates for
 all series of its preferred stock.
     The second-quarter dividend rate per annum for the adjustable rate
 preferred stock Series A is 6.50 percent; Series B is 7.50 percent; and Series
 C is 7.00 percent.  These rates equate to payments of $0.40625; $0.46875; and
 $0.4375 per share, respectively.  Preferred dividends are payable June 30 to
 holders of record June 8, 2001.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X85631182
 
 SOURCE  Niagara Mohawk Power Corp.