SJW Corp. (NYSE:SJW) today announced that the Company has adopted a Dividend Reinvestment and Stock Purchase Plan (the “Plan”) which allows shareholders to reinvest cash dividends and purchase additional shares of common stock of the Company without brokerage commissions or service charges.

The Plan is administered by American Stock Transfer & Trust Company, LLC (“AST”), the Company’s transfer agent. If you have questions concerning the Plan or the enrollment process, please contact AST toll free at (877) 281-4378.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy. The offer is being made solely through the Plan prospectus.

SJW Corp. is a publicly traded holding company headquartered in San Jose, California. SJW Corp. is the parent company of San Jose Water Company, SJWTX, Inc., Texas Water Alliance Limited, and SJW Land Company. Together, San Jose Water Company and SJWTX, Inc. provide regulated and nonregulated water service to more than one million people in San Jose, California and nearby communities and in Canyon Lake, Texas and nearby communities. SJW Land Company owns and operates commercial real estate investments.

This press release may contain certain forward-looking statements including but not limited to statements relating to SJW Corp.'s plans, strategies, objectives, expectations and intentions, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SJW Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The results for a quarter are not indicative of results for a full year due to seasonality and other factors. Certain factors that may cause actual results, performance or achievements to materially differ are described in SJW Corp.'s most recent reports on Form 10-K, Form 10-Q and Form 8-K filed with the Securities and Exchange Commission. SJW Corp. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Copyright Business Wire 2010

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