Annual dividend target increased from $1.50 per share to $1.58 per share MADISON, Wis., Jan. 15 /PRNewswire-FirstCall/ -- Alliant Energy Corporation (NYSE:LNT) announced today quarterly dividends on common stock were declared by the Board of Directors. (Logo: http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO) The common stock dividend is $.3950 per share payable on February 12, 2010, to shareowners of record on close of business January 29, 2010. "I am pleased to announce that the Board has approved a 5.3% increase in our dividend," said William D. Harvey, Chairman, President and CEO of Alliant Energy. "This increase is consistent with our previously stated policy of targeting a dividend payout ratio of 60 to 70 percent of our utility earnings." Dividends on common stock have been paid for 257 consecutive quarters since 1946. Alliant Energy is an energy-services provider with subsidiaries serving approximately 1 million electric and over 400,000 natural gas customers. Providing its customers in the Midwest with regulated electric and natural gas service is the company's primary focus. Alliant Energy, headquartered in Madison, Wis., is a Fortune 1000 company traded on the New York Stock Exchange under the symbol LNT. For more information, visit the company's Web site at http://www.alliantenergy.com/. http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO http://photoarchive.ap.org/ DATASOURCE: Alliant Energy Corporation CONTACT: Media, Scott Reigstad, +1-608-458-3145, Investors, Susan Gille +1-608-458-3956, both for Alliant Energy Corporation Web Site: http://www.alliantenergy.com/

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