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Press release from Business Wire

Emera Approves Quarterly Dividend

Friday, July 04, 2014

Emera Approves Quarterly Dividend

10:20 EDT Friday, July 04, 2014

HALIFAX, Nova Scotia (Business Wire) -- On July 4, 2014 the Board of Directors of Emera Inc. (TSX: EMA EMA.PR.A EMA.PR.C, EMA.PR.E and EMA.PR.F) approved a quarterly dividend of $0.3625 per common share payable on and after August 15, 2014 to common shareholders of record at the close of business on July 31, 2014; a quarterly dividend of $0.2750 per Series A First Preferred Share payable on and after August 15, 2014 to Series A First Preferred shareholders of record at the close of business on July 31, 2014; a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after August 15, 2014 to Series C First Preferred shareholders of record at the close of business on July 31, 2014; a quarterly dividend of $0.28125 per Series E First Preferred Share payable on and after August 15, 2014 to Series E First Preferred shareholders of record at the close of business on July 31, 2014; and an initial dividend of $0.1950 per Series F First Preferred Share payable on and after August 15, 2014 to Series F First Preferred shareholders of record at the close of business on July 31, 2014.

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

About Emera Inc.

Emera Inc. is geographically diverse energy and services company headquartered in Halifax, Nova Scotia with $9.29 billion in assets and 2013 revenues of $2.2 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 four Caribbean countries. Approximately 80% of the company's reported net income in 2013 came 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, EMA.PR.C, EMA.PR.E, and EMA.PR.F. Additional Information can be accessed at www.emera.com or at www.sedar.com.

Emera Inc.
Scott Balfour, 902-428-6179
Executive Vice-President and Chief Financial Officer
or
Scott LaFleur, 902-428-6375
Acting Manager, Investor Relations

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