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Atlas America, Inc. announced today that its Board of Directors has declared a cash dividend of $0.05 per share of common stock, payable on November 14, 2007, to shareholders of record on November 7, 2007.


Atlas America, Inc. owns an approximate 48% common unit interest and all of the Class A and management incentive interests in Atlas Energy Resources, LLC, and an 83% interest in Atlas Pipeline Holdings, L.P. , a limited partnership which owns the general partner interest in Atlas Pipeline Partners, L.P. (NYSE:APL - News), and all the incentive distribution rights and 5.5 million common units of APL. For more information, please visit our website at www.atlasamerica.com, or contact Investor Relations at bbegley@atlasamerica.com.


Contact:

Contact:
Brian Begley
Investor Relations
Atlas America, Inc.
1845 Walnut St. – Suite 1000
Philadelphia, PA 19103
(215) 546-5005
(215) 553-8455 (fax)


Source: Atlas America, Inc.

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