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Emera Approves Quarterly Dividends

T.EMA | July 8, 2016

Emera Approves Quarterly Dividends

On July 8, 2016 the Board of Directors of Emera Inc. (TSX: EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F) approved a quarterly dividend of $0.5225 per common share payable on and after August 15, 2016 to common shareholders of record at the close of business on July 22, 2016; a quarterly dividend of $0.1597 per Series A First Preferred Share payable on and after August 15, 2016 to Series A First Preferred shareholders of record at the close of business on July 22, 2016; a quarterly dividend of $0.1449 per Series B First Preferred Share payable on and after August 15, 2016 to Series B First Preferred shareholders of record at the close of business on July 22, 2016; a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after August 15, 2016 to Series C First Preferred shareholders of record at the close of business on July 22, 2016; a quarterly dividend of $0.28125 per Series E First Preferred Share payable on and after August 15, 2016 to Series E First Preferred shareholders of record at the close of business on July 22, 2016; and a quarterly dividend of $0.265625 per Series F First Preferred Share payable on and after August 15, 2016 to Series F First Preferred shareholders of record at the close of business on July 22, 2016.

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 B 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 a geographically diverse energy and services company headquartered in Halifax, Nova Scotia with approximately $27.5 billion in assets and 2015 pro-forma revenues of $6.3 billion. The company invests in electricity generation, transmission and distribution, as well as gas transmission and distribution, and utility energy services with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments throughout North America, and in four Caribbean countries. Emera continues to target having 75-85% of its adjusted earnings come from rate-regulated businesses. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F and instalment receipts are listed and trade under the symbol EMA.IR. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR. Additional Information can be accessed at www.emera.com or at www.sedar.com.