We report measurements of time delays of up to 8 minutes in the centimeter wavelength variability patterns of the intra-hour scintillating quasar PKS 1257-326 as observed between the VLA and the ATCA on three separate epochs. These time delays confirm interstellar scintillation as the mechanism responsible for the rapid variability, at the same time effectively ruling out the coexistence of intrinsic intra-hour variability in this source. The time delays are combined with measurements of the annual variation in variability timescale exhibited by this source to determine the characteristic length scale and anisotropy of the quasars intensity scintillation pattern, as well as attempting to fit for the bulk velocity of the scattering plasma responsible for the scintillation. We find evidence for anisotropic scattering and highly elongated scintillation patterns at both 4.9 and 8.5 GHz, with an axial ratio > 10:1, extended in a northwest direction on the sky. The characteristic scale of the scintillation pattern along its minor axis is well determined, but the high anisotropy leads to degenerate solutions for the scintillation velocity. The decorrelation of the pattern over the baseline gives an estimate of the major axis length scale of the scintillation pattern. We derive an upper limit on the distance to the scattering plasma of no more than 10 pc.
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