IDACORP, Inc. Announces Public Offering of $260 Million of Shares of Common Stock - Seite 2

Forward-Looking Statements

In addition to the historical information contained in this press release, this press release contains statements that relate to future events and expectations, such as statements regarding IDACORP’s offering of common stock and the related forward transaction. Such statements constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, or future events or performance, often, but not always, through the use of words or phrases such as "anticipates," "believes," "could," "estimates," "expects," "intends," "potential," "plans," "predicts," "preliminary," "projects," "targets," "may," "may result," "may continue," or similar expressions, are not statements of historical facts and may be forward-looking. Forward-looking statements are not guarantees of future performance, involve estimates, assumptions, risks, and uncertainties, and may differ materially from actual results, performance, or outcomes. Some, but not all, of the risks and uncertainties that could materially affect actual results include, among others:

• the satisfaction of customary closing conditions relating to the offering and the forward sale agreement;
• capital market risks; and
• the impact of general economic or industry conditions.

There can be no assurance that the offering will be completed on the anticipated terms, or at all. For more information about potential factors that could affect IDACORP’s businesses and financial results, please review IDACORP's most recent Annual Report on Form 10-K, particularly Part I, Item 1A - "Risk Factors" and Part II, Item 7 - "Management’s Discussion and Analysis of Financial Condition and Results of Operations" of that report and subsequent reports filed by IDACORP with the SEC. These factors should be considered when evaluating the forward-looking statements, and undue reliance should not be placed on such statements. The forward-looking statements included herein are made as of the date hereof and, except as required by law, IDACORP undertakes no obligation to publicly update such statements to reflect subsequent events or circumstances.