El Paso Electric Director Sells Shares

(financialwire.net via COMTEX) -- EE | Quote | Chart | News | PowerRating -- July 1, 2008 (FinancialWire) A director at regional utility El Paso Electric (NYSE: EE | Quote | Chart | News | PowerRating) (Current Market Cap: US$886.45 Mil.) sold 4,000 shares of the company's common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC, Charles Yamarone reported he sold the shares last week for $19.92 to $20.10 apiece. Insiders must report open market purchases and sales within two business days to the SEC.

El Paso Electric is based in El Paso, Texas.

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