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Cleco Corp. declares regular common and preferred dividends

PINEVILLE, La., July 29, 2010 - The Board of Directors of Cleco Corp. (NYSE: CNL) today declared regular quarterly dividends on the company's common stock and preferred stock. Following is a summary of dividend payments, as declared:
Class of Stock Dividend Declared Record Date Payment Date
Common Stock $0.25 Aug. 09, 2010 Aug. 15, 2010
4.5% Preferred Stock $1.125 Aug. 16, 2010 Sept. 01, 2010

Cleco has a dividend reinvestment plan which allows dividends on its common and preferred stock to be reinvested in additional shares of common stock at market price. Brokerage commissions and administrative fees are incurred on dividend purchases.

Cleco Corp. is a regional energy company headquartered in Pineville, La. It operates a regulated electric utility company, Cleco Power LLC, which serves about 277,000 retail customers across Louisiana. Cleco also operates a wholesale energy business, Cleco Midstream Resources LLC, which includes the pending sale of Acadia Power Station Unit 2. This year marks the 75th anniversary of Cleco Power serving Louisiana customers. For more information about Cleco, visitwww.cleco.com.

Analyst Contact:
Russell Davis
(318) 484-7501
Russell.Davis@cleco.com

Investor Contact:
Rodney Hamilton
(318) 484-7593
Rodney.Hamilton@cleco.com

Media Contact:
Fran Phoenix
(318) 484-7467


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