EX-99.1
Published on April 5, 2011
Exhibit 99.1

1720 North First Street San Jose, CA 95112-4598 |
April 5, 2011 For Immediate Release |
Contact: Martin A. Kropelnicki (408) 367-8200 (analysts)
Shannon Dean (310) 257-1435 (media)
Shannon Dean (310) 257-1435 (media)
CALIFORNIA WATER SERVICE GROUP ANNOUNCES
TWO-FOR-ONE STOCK SPLIT
TWO-FOR-ONE STOCK SPLIT
(Subject to Approval of an Increase of Authorized Shares at the Annual Meeting of Stockholders on
May 24, 2011)
May 24, 2011)
SAN JOSE, CA California Water Service Group (NYSE : CWT) today announced that its Board of
Directors has approved a two-for-one stock split of its common stock, to be effected in the form of
a stock dividend, subject to stockholder approval of a proposed amendment to the Groups
Certificate of Incorporation to increase the number of shares of common stock that the Group is
authorized to issue.
The Group is seeking stockholder approval of the amendment to its Certificate of Incorporation
to increase the number of authorized shares of common stock at its annual meeting of stockholders
to be held on May 24, 2011. Subject to receiving such stockholder approval, the record date for
the stock dividend will be June 3, 2011 and the distribution date will be June 10, 2011. On the
distribution date, it is expected that the transfer agent will mail certificates representing (or
otherwise record the ownership of) one additional share of common stock for each share held on the
record date. Should stockholder approval of the amendment be obtained, the stock split will
increase the number of shares of common stock outstanding from
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approximately 25 million to approximately 68 million shares. If no such approval is obtained,
no stock dividend will be issued.
California Water Service Group is the parent company of California Water Service Company,
Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company,
Inc., CWS Utility Services, and HWS Utility Services, LLC. Together these companies provide
regulated and non-regulated water service to approximately 2 million people in more than 100
California, Washington, New Mexico and Hawaii communities. Groups common stock trades on the New
York Stock Exchange under the symbol CWT.
This news release contains forward-looking statements within the meaning established by the
Private Securities Litigation Reform Act of 1995 (Act). The forward-looking statements are
intended to qualify under provisions of the federal securities laws for safe harbor treatment
established by the Act. Forward-looking statements are based on currently available information,
expectations, estimates, assumptions and projections, and managements judgment about the Company,
the water utility industry and general economic conditions. Such words as expects, intends, plans,
believes, estimates, assumes, anticipates, projects, predicts, forecasts or variations of such
words or similar expressions are intended to identify forward-looking statements. The
forward-looking statements are not guarantees of future performance. They are subject to
uncertainty and changes in circumstances. Actual results may vary materially from what is
contained in a forward-looking statement. Factors that may cause a result different than expected
or anticipated include but are not limited to: governmental and regulatory commissions decisions,
including decisions on proper disposition of property; changes in regulatory commissions policies
and procedures; the timeliness of regulatory commissions actions concerning rate relief; new
legislation; changes in accounting valuations and estimates; the ability to satisfy requirements
related to the Sarbanes-Oxley Act and other regulations on internal controls; electric power
interruptions; increases in suppliers prices and the availability of supplies including water and
power; fluctuations in interest rates; changes in environmental compliance and water quality
requirements; acquisitions and our ability to successfully integrate acquired companies; the
ability to successfully implement business plans; changes in customer water use patterns; the
impact of weather on water sales and operating results; access to sufficient capital on
satisfactory terms; civil disturbances or terrorist threats or acts, or apprehension about the
possible future occurrences of acts of this type; the involvement of the United States in war or
other hostilities; restrictive covenants in or changes to the credit ratings on our current or
future debt that could increase our financing costs or affect our ability to borrow, make payments
on debt or pay dividends; and, other risks and unforeseen events. When considering forward-looking
statements, you should keep in mind the cautionary statements included in this paragraph. The
Company assumes no obligation to provide public updates of forward-looking statements.
In connection with the proposed amendment to the Groups Certificate of Incorporation, the
Group has filed a preliminary proxy statement with the Securities and Exchange Commission (SEC).
The Group expects to file a definitive proxy statement with the SEC on or about April
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15, 2011. Once the definitive proxy statement has been filed, investors and other
securityholders can obtain copies of the proxy statement free of charge by directing a request to
Corporate Secretary, California Water Service Group, 1720 North First Street, San Jose, California
95112-4598. You may also obtain free copies of the proxy statement on the SECs website at
www.sec.gov or on our website at www.calwatergroup.com.
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