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Press release from CNW Group

Emera Approves Quarterly Dividend

Friday, January 06, 2012

Emera Approves Quarterly Dividend11:37 EST Friday, January 06, 2012HALIFAX, Jan. 6, 2012 /CNW/ - On January 6, 2012 the Board of Directors of Emera Inc. (TSX: EMA EMA.PR.A) approved a quarterly dividend of $0.3375 per common share payable on and after February 15, 2012 to common shareholders of record at the close of business on February 1, 2012; and a quarterly dividend of $0.2750 per Series A First Preferred Share payable on and after February 15, 2012 to Series A First Preferred shareholders of record at the close of business on February 1, 2012.Pursuant to the Income Tax Act (Canada) and corresponding provincial legislation, Emera Inc. hereby notifies its common shareholders and its Series A First Preferred shareholders that such dividends declared qualify as eligible dividends.About Emera Inc.Emera Inc. is an energy and services company with $6.8 billion in assets and 2010 revenues of $1.6 billion. The company invests in electricity generation, transmission and distribution as well as gas transmission and utility energy services. Emera's strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of that clean energy to market. Emera operates throughout northeastern North America, in three Caribbean countries and in California. More than 80% of the company's earnings come from regulated investments. Emera common and preferred shares are listed on the Toronto Stock Exchange and trade under the symbol EMA and EMA.PR.A. Additional Information can be accessed at www.emera.com, www.sedar.com, or on www.sec.gov.For further information: Judy Steele, FCA Chief Financial Officer (902) 428-6157   Jill MacDonald, CA Manager, Investor Relations (902) 428-6486