Emera Approves Quarterly Dividends

On July 7, 2017 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, 2017 to common shareholders of record at the close of business on August 1, 2017; a quarterly dividend of $0.1597 per Series A First Preferred Share payable on and after August 15, 2017 to Series A First Preferred shareholders of record at the close of business on August 1, 2017; a quarterly dividend of $0.1510 per Series B First Preferred Share payable on and after August 15, 2017 to Series B First Preferred shareholders of record at the close of business on August 1, 2017; a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after August 15, 2017 to Series C First Preferred shareholders of record at the close of business on August 1, 2017; a quarterly dividend of $0.28125 per Series E First Preferred Share payable on and after August 15, 2017 to Series E First Preferred shareholders of record at the close of business on August 1, 2017; and a quarterly dividend of $0.265625 per Series F First Preferred Share payable on and after August 15, 2017 to Series F First Preferred shareholders of record at the close of business on August 1, 2017.

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 $29 billion in assets and 2016 revenues of more than $4 billion. The company invests in electricity generation, transmission and distribution, 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. 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.

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Emera Inc.Greg Blunden, 902-428-6040Chief Financial OfficerorMark M. Kane, 813-228-1772Vice President Investor [e-mail]