The CIRI Board of Directors declared a second quarter 2008

The CIRI Board of Directors declared a second quarter 2008 dividend of $8.50 per share. Shareholders who own 100 shares of stock will receive a second quarter dividend of $850. CIRI will mail and direct deposit the dividends on Monday, June 30.

The deadline for shareholder address changes for the second quarter 2008 dividend is 3 p.m. on Friday, June 20. Address change forms can be downloaded from CIRI’s website and mailed to CIRI at P.O. Box 93330, Anchorage, AK 99509-3330, or faxed to (907) 263-5186. Please call the Shareholder Relations Department at (907) 263-5191 or toll-free at (800) 764-2474 to confirm receipt of the fax.

Shareholders can visit CIRI’s website, ciri.com, for dividend, address change, direct deposit or lost and missing dividend information. Shareholders can also call CIRI’s dividend hotline, (907) 263-5100 or toll-free (800) 764-2435.