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Nova Scotia Power Inc. Approves Preferred Share Quarterly Dividend

T.EMA

On May 7, 2015 the Board of Directors of Nova Scotia Power Inc. (TSX: NSI.PR.D) approved a quarterly dividend of $0.36875 per Nova Scotia Power Incorporated Series D First Preferred Share payable on and after July 15, 2015 to Series D preferred shareholders of record June 30, 2015.

Pursuant to the Income Tax Act (Canada) and corresponding provincial legislation, Nova Scotia Power Inc. hereby notifies its Series D preferred shareholders that such dividends declared qualify as eligible dividends.

About Nova Scotia Power

Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera Inc. (TSX-EMA), a geographically diverse energy and services company headquartered in Halifax, Nova Scotia. Nova Scotia Power is a fully-integrated regulated electric utility and the primary electricity supplier in Nova Scotia, Canada. Nova Scotia Power has $4.3 billion of assets and provides electricity generation, transmission and distribution services to approximately 504,000 customers. Nova Scotia Power has a workforce of approximately 1,700 people.

Nova Scotia Power 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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