Nova Scotia Power Inc. Approves Preferred Share
Quarterly Dividend

HALIFAX, Nova Scotia--()--On November 5, 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 January 15, 2015, to Series D preferred shareholders of record January 2, 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 electric utility and the primary electricity supplier in Nova Scotia, Canada, and provides generation, transmission and distribution services to approximately 501,000 customers. 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 $4.2 billion in assets.

Contacts

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

Contacts

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