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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 Dec. 31, 2004, to shareholders of record Dec. 8, 2004.

Separately, boards of Ameren's operating companies have also declared regular quarterly dividends on all classes of preferred stock. The Union Electric Company (AmerenUE) preferred stock dividend is payable May 15, 2005, to shareholders of record April 20, 2005. The Central Illinois Public Service Company (AmerenCIPS) preferred stock dividend is payable June 30, 2005, to shareholders of record June 8, 2005. The Central Illinois Light Company (AmerenCILCO) preferred stock dividend is payable Jan. 3, 2005, to shareholders of record Dec. 3, 2004.

On Sept. 24, the Illinois Power Board of Directors under then owner, Dynegy Inc., declared dividends on its preferred stock. On Oct. 1, Ameren announced that the company completed the acquisition of Decatur, Ill.-based Illinois Power Company from Dynegy Inc. with Sept. 30 as the effective date. Those preferred dividends are payable Nov. 1, 2004, to shareholders of record Oct. 11, 2004.

In addition, payment on Ameren's 9.75% adjustable conversion-rate equity security (ACES) units, issued in 2002 will occur on Nov. 15, 2004, for holders of record, Nov. 12, 2004.

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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