Xcel Energy Inc. Declares Quarterly Preferred and Common Dividend

02/23/2011

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Xcel Energy (NYSE:XEL) today declared regular quarterly dividends on all series of outstanding preferred stock, which are payable on April 15, 2011 to shareholders of record on March 24, 2011.

Series of Cumulative   Dividend

Preferred Stock

Per Share

$3.60

   $0.90

$4.08

   $1.02

$4.10

   $1.025

$4.11

   $1.0275

$4.16

   $1.04

$4.56

   $1.14

The Board also declared a quarterly dividend on its common stock of 25.25 cents per share. The dividends are payable April 20, 2011, to shareholders of record on March 24, 2011.

This information is not given in connection with any sale or offer for sale or offer to buy any securities.

Source: Xcel Energy

Contact:

Xcel Energy, Minneapolis

Shareholder Services

Tara Heine, 612-215-5391

or

Investor Relations

Paul Johnson, 612-215-4535

or

Xcel Energy Media Representatives, 612-215-5300

www.xcelenergy.com