Nova Scotia Power Inc. Approves Preferred Share Quarterly Dividend

July 4, 2014

On July 4, 2014 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 October 15, 2014 to Series D preferred shareholders of record October 1, 2014.

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 provides 95% of the generation, transmission and distribution of electrical power to 502,000 residential, commercial, and industrial customers in the province. The company is focused on new technologies to enhance customer service and reliability, reduce emissions and add renewable energy. Nova Scotia Power has 1,700 employees and $4.3 billion in assets.

For more information:

Nova Scotia Power Inc.

PO Box 910
Halifax, Alberta
Canada, B3J 2W5
Tel: 902-428-6230

Scott Balfour
Executive Vice-President and Chief Financial Officer
Tel: 902-428-6179

Scott LaFleur, Acting Manager Investor Relations
Nova Scotia Power Inc.
Tel: 902-428-6375
E-mail: scott.lafleur@emera.com

Link http://www.electricenergyonline.com/detail_news.php?ID=488567
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