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Press release from Business Wire

Emera Approves Quarterly Dividend

Friday, April 05, 2013

Emera Approves Quarterly Dividend

09:46 EDT Friday, April 05, 2013

HALIFAX, Nova Scotia (Business Wire) -- On April 5, 2013 the Board of Directors of Emera Inc. (TSX: EMA EMA.PR.A and EMA.PR.C) approved a quarterly dividend of $0.35 per common share payable on and after May 15, 2013 to common shareholders of record at the close of business on May 1, 2013; a quarterly dividend of $0.2750 per Series A First Preferred Share payable on and after May 15, 2013 to Series A First Preferred shareholders of record at the close of business on May 1, 2013; and a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after May 15, 2013 to Series C First Preferred shareholders of record at the close of business on May 1, 2013.

Pursuant to the Income Tax Act (Canada) and corresponding provincial legislation, Emera Inc. hereby notifies its common shareholders, its Series A First Preferred shareholders, and its Series C First Preferred shareholders that such dividends declared qualify as eligible dividends.

About Emera Inc.

Emera Inc. is an energy and services company with $7.53 billion in assets and 2012 revenues of $2.1 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 has investments throughout northeastern North America and in three Caribbean countries. 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 respectively under the symbol EMA, EMA.PR.A and EMA.PR.C. Additional Information can be accessed at emera.com or at sedar.com.

Emera
Scott Balfour, (902) 428-6157
Executive Vice-President
and Chief Financial Officer
or
Jill MacDonald, CA, (902) 428-6486
Manager, Investor Relations

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