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Cleco declares quarterly dividend

PINEVILLE, La., Jan. 27, 2012 - Cleco Corporation (NYSE: CNL) today announced that its board of directors declared a regular quarterly dividend of $0.3125 per share on its common stock for the fourth quarter of 2011.  

Below is a summary of the dividend payment, as declared:

Class of Stock Dividend Declared Record Date Payment Date
Common Stock $0.3125 Feb. 6, 2012 Feb. 15, 2012

Cleco has a dividend reinvestment plan which allows dividends 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 Corporation is a regional energy company headquartered in Pineville, La.  Cleco owns a regulated electric utility company, Cleco Power LLC, which owns nine generating units with a total nameplate capacity of 2,524 megawatts and serves approximately 281,000 customers in Louisiana through its retail business and 10 communities across Louisiana and Mississippi through wholesale power contracts.  Cleco also owns a wholesale energy business, Cleco Midstream Resources LLC, which owns two natural gas-fired generating units with a total nameplate capacity of 775 megawatts.  For more information about Cleco, visit www.cleco.com.

Analyst Contact:
Russell Davis
(318) 484-7501

Investor Contact:
Rodney Hamilton
(318) 484-7593

Media Contact:
Fran Phoenix
(318) 484-7467

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