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Cleco Corp. declares regular common dividend

PINEVILLE, La., July 29, 2011 - The board of directors of Cleco Corp. (NYSE: CNL) today declared a regular quarterly dividend on the company's common stock.  Following is a summary of the dividend payment, as declared:

 

Class of Stock   Dividend Declared   Record Date   Payment Date
             
Common Stock   $0.28    Aug. 8, 2011   Aug. 15, 2011
             

 

Cleco has a dividend reinvestment plan which allows the dividend on its common 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 279,000 retail customers across Louisiana.  Cleco also operates a wholesale energy business, Cleco Midstream Resources LLC.  For more information about Cleco, visit www.cleco.com


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

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

Media Contact:
Cleco Corp.
Fran Phoenix
(318) 484-7467


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