American States Water Company Announces Regular Common Dividends

  American States Water Company Announces Regular Common Dividends

Business Wire

SAN DIMAS, Calif. -- January 29, 2013

On January 29, 2013, the Board of Directors of American States Water Company
(NYSE:AWR) approved a quarterly dividend of $0.355 per share on the Common
Shares of the Company. This action marks the 307^th consecutive dividend
payment by the Company. For more than 58 consecutive years, American States
Water Company shareholders have received an increase in their aggregate annual
dividend.

Dividends on the Common Shares will be payable on March 1, 2013 to
shareholders of record at the close of business on February 15, 2013.

American States Water Company is the parent of Golden State Water Company and
American States Utility Services, Inc. Through its utility subsidiary, Golden
State Water Company, AWR provides water service to approximately 1 out of
every 36 Californians located within 75 communities throughout 10 counties in
Northern, Coastal and Southern California (approximately 255,000 customers).
The Company also distributes electricity to over 23,000 customers in the Big
Bear recreational area of California. Through its contracted services
subsidiary, American States Utility Services, Inc., the Company provides
operations, maintenance and construction management services for water and
wastewater systems located on military bases throughout the country.

American States Water Company has paid dividends to shareholders every year
since 1931, increasing the dividends received by shareholders each calendar
year since 1954.

Contact:

American States Water Company
Eva G. Tang
Senior Vice President - Finance, Chief Financial Officer,
Treasurer and Corporate Secretary
(909) 394-3600, extension 707