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Press release from CNW Group

Capital Power declares quarterly dividend

Tuesday, November 20, 2012

Capital Power declares quarterly dividend16:00 EST Tuesday, November 20, 2012EDMONTON, Nov. 20, 2012 /CNW/ - The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.315 per share on the outstanding common shares for the quarter ending December 31, 2012.The dividend is payable on January 31, 2013 to shareholders of record at the close of business on December 31, 2012.The dividends are 100 per cent eligible dividends as defined by the Income Tax Act. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits that reduce the income tax otherwise payable on these dividends.About Capital PowerCapital Power (TSX:CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources.  Capital Power owns more than 3,400 megawatts of power generation capacity at 15 facilities across North America. An additional 345 megawatts of owned wind generation capacity is under construction or in advanced development in Alberta and Ontario.SOURCE: Capital Power CorporationFor further information: Media inquiries: Michael Sheehan (780) 392-5222 Investor inquiries: Randy Mah (780) 392-5305 or (866) 896-4636 (toll-free)