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Ameren Corporation Directors Declare Quarterly Dividend
The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly dividend on its common stock of 63.5 cents per share. The common share dividend is payable March 31, 2005, to shareholders of record on March 9, 2005.

Separately, the boards of Ameren's operating subsidiaries have also declared regular quarterly dividends on all classes of the subsidiaries' preferred stock. The Central Illinois Light Company (AmerenCILCO) preferred stock dividend, declared Feb. 10, 2005, is payable April 1, 2005, to shareholders of record on March 4, 2005. Illinois Power Company (AmerenIP) preferred stock dividend, declared Feb. 10, 2005, is payable May 2, 2005, to shareholders of record on April 11, 2005.

By previous actions, Union Electric Company (AmerenUE) preferred stock dividend declared on Oct. 7, 2004, is payable on May 15, 2005, to shareholders of record on April 20, 2005. Central Illinois Public Service Company (AmerenCIPS) preferred stock dividend, declared on Oct. 7, 2004, is payable on June 30, 2005, to shareholders of record on June 8, 2005.

In addition, payment on Ameren's 9.75% adjustable conversion-rate equity security (ACES) units, issued in 2002, will occur on Feb. 15, 2005, for holders of record on Feb. 14, 2005.

With assets of $17 billion, Ameren serves 2.3 million electric customers and 900,000 natural gas customers in a 64,000-square-mile area of Missouri and Illinois.

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