(Source: Business Wire)

Great Plains Energy Incorporated (NYSE:GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2075 per share on its common stock. This action continues Great Plains Energy's indicated annual dividend level of $0.83 per share. The common dividend will be payable September 21, 2009 to shareholders of record as of August 28, 2009. The shares will begin to trade ex-dividend on August 26, 2009. The Board of Directors also declared regular dividends on the Company's 3.80%, 4.20%, 4.35% and 4.50% series of preferred stock, payable December 1, 2009 to shareholders of record as of November 6, 2009. The shares will begin to trade ex-dividend on November 4, 2009.
About The Companies:
Headquartered in Kansas City, Mo., Great Plains Energy Incorporated (NYSE:GXP) is the holding company of Kansas City Power & Light Company and KCP&L Greater Missouri Operations Company, two of the leading regulated providers of electricity in the Midwest. Kansas City Power & Light and KCP&L Greater Missouri Operations use KCP&L as a brand name. More information about the companies is available on the Internet at: www.greatplainsenergy.com or www.kcpl.com.
FORWARD-LOOKING STATEMENTS
Statements made in this release that are not based on historical facts are forward-looking, may involve risks and uncertainties, and are intended to be as of the date when made. Forward-looking statements include, but are not limited to, the outcome of regulatory proceedings, cost estimates of the Comprehensive Energy Plan and other matters affecting future operations. In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the registrants are providing a number of important factors that could cause actual results to differ materially from the provided forward-looking information.