Portland General Electric Declares Dividend

PORTLAND, Ore.--(BUSINESS WIRE)-- On October 26, 2011, the Board of Directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of 26.5 cents per share. The dividend is payable on or before January 17, 2012, to shareholders of record at the close of business on December 27, 2011.

About Portland General Electric Company

Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves approximately 825,000 residential, commercial and industrial customers in Oregon. Visit our Web site at www.PortlandGeneral.com.

POR-FSource: Portland General Electric Company

Portland General Electric CompanyMedia Contact:Gail Baker, 503-464-8693Director, Corporate CommunicationsorInvestor Contact:Bill Valach, 503-464-7395Director, Investor Relations

Source: Portland General Electric Company