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Press release from PR Newswire

IDACORP, Inc. Annual Meeting of Shareholders Scheduled For May 16

Monday, May 13, 2013

IDACORP, Inc. Annual Meeting of Shareholders Scheduled For May 16

13:09 EDT Monday, May 13, 2013

BOISE, Idaho, May 13, 2013 /PRNewswire/ -- IDACORP, Inc. (NYSE: IDA) will host its 2013 Annual Meeting of Shareholders on Thursday, May 16, at 10 a.m. local time at the Idaho Power Company headquarters, located at 1221 W. Idaho St. in Boise. IDACORP, Inc. President and Chief Executive Officer J. LaMont Keen and Executive Vice President - Administrative Services and Chief Financial Officer Darrel Anderson will discuss 2012 performance by IDACORP, Inc. and its primary subsidiary, Idaho Power Company, and share key initiatives for 2013 and beyond.

IDACORP, Inc. previously mailed formal notice of this meeting to shareholders who were holders of record on the record date, which was March 28, 2013. Attendance at the live on-site meeting is limited to IDACORP, Inc. shareholders who satisfy all of the requirements set forth in the proxy statement for the Annual Meeting delivered or made available to shareholders of record.

The meeting also will be webcast at www.idacorpinc.com, available to both shareholders and non-shareholders. Conference call login information will be posted on the IDACORP website the morning of the call. Presentation slides will also be available on the website at the beginning of the meeting. All Annual Meeting webcast materials will be posted to the IDACORP website shortly after the Annual Meeting and will be available for 12 months after.

About IDACORP, Inc.

IDACORP, Inc. (NYSE: IDA) is based in Boise, Idaho, and was formed in 1998 as a holding company. IDACORP subsidiaries include: Idaho Power, a regulated electric utility; IDACORP Financial, an investor in affordable housing projects and real estate; and Ida-West Energy, an operator of small hydroelectric projects. IDACORP's origins lie with Idaho Power and operations beginning in 1916. Today, Idaho Power employs approximately 2,000 people who serve more than 500,000 customers throughout a 24,000-square-mile area in southern Idaho and eastern Oregon. To learn more, visit www.idahopower.com or www.idacorpinc.com.

SOURCE IDACORP, Inc.

For further information: Lawrence F. Spencer, Director of Investor Relations, +1-208-388-2664, lspencer@idacorpinc.com, or Stephanie McCurdy, Communications Specialist, +1-208-388-6973, smccurdy@idahopower.com

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