IDACORP, Inc. Announces Second Quarter 2012 Results, Increases 2012 Earnings Guidance

August 2, 2012

 BOISE, Idaho, August 2, 2012—IDACORP, Inc. (NYSE: IDA) reported second quarter 2012 net income attributable to IDACORP of $35.3 million, or $0.71 per diluted share, compared to $20.9 million, or $0.42 per diluted share in the second quarter of 2011. IDACORP is increasing its 2012 full year earnings guidance from the range of $3.00 to $3.15 per diluted share to the range of $3.20 to $3.35 per diluted share.