DALLAS, Feb 22, 2010 (BUSINESS WIRE) — EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) today announced that its Board of Directors declared a first quarter cash dividend of $0.03 per share, a $0.005 per share (20%) increase from the previous quarterly rate of $0.025 per share. The dividend is payable on March 19, 2010 to holders of record on March 5, 2010.
Douglas H. Miller, EXCO’s Chairman and Chief Executive Officer, commented, “We are pleased to be in a position to increase our quarterly cash dividend. This increase is consistent with our overall goal of maximizing shareholder value.”

Any future declaration of dividends, as well as the establishment of record and payment dates, is subject to the approval of EXCO’s Board of Directors.

EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia and West Texas.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

SOURCE: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President
www.excoresources.com