Otter Tail Corporation Announces Third Quarter Earnings and Maintains 2007 Earnings Guidance; Board of Directors Declare...(p taxes of $0; $0; $0 and $28 ...),Health

and $28 for the

respective periods - - - 26

Net gain on disposition

of discontinued

operations - net of

taxes of $0; $0; $0

and $224 for the

respective periods - - - 336

Net income from

discontinued operations - - - 362

Total net income 13,332 13,476 39,843 39,830

Preferred stock dividend 184 183 552 551

Balance for common: $13,148 $13,293 $39,291 $39,279

Average number of common

shares outstanding -

basic 29,745,600 29,412,526 29,644,866 29,377,158

Average number of common

shares outstanding -

diluted 29,995,660 29,805,897 29,887,510 29,764,752

Basic earnings per common

share:

Continuing operations

(net of preferred

dividend requirement) $0.44 $0.45 $1.33 $1.33

Discontinued

operations $- $- $- $0.01

$0.44 $0.45 $1.33 $1.34

Diluted earnings per

common share:

Continuing operations

(net of preferred

dividend requirement) $0.44 $0.45 $1.31 $1.31

Discontinued

operations $- $- $- $0.01

$0.44 $0.45 $1.31 $1.32

Otter Tail Corporation

Consolidated Balance Sheets

Assets

In thousands

(not audited)

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