Portland General Electric Declares Dividend

  Portland General Electric Declares Dividend

Business Wire

PORTLAND, Ore. -- November 07, 2012

On November 7, 2012, the Board of Directors of Portland General Electric
Company (NYSE:POR) declared a quarterly common stock dividend of 27 cents per
share. The dividend is payable on or before January 15, 2013, to common
shareholders of record at the close of business on December 26, 2012.

About Portland General Electric Company

Portland General Electric, headquartered in Portland, Ore., is a fully
integrated electric utility that serves approximately 828,000 residential,
commercial and industrial customers in Oregon. Visit our Web site at
www.PortlandGeneral.com.

POR-F

Source: Portland General Electric Company

Contact:

Portland General Electric Company
Media Contact:
Corporate Communications
Steven Corson, 503-464-8444
or
Investor Contact:
Director, Investor Relations
Bill Valach, 503-464-7395