July 26, 2013

Capital Power declares dividends for its Common and Cumulative Rate Reset Preference shares

EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.315 per share on the outstanding common shares for the quarter ending September 30, 2013. The dividend is payable on October 31, 2013 to shareholders of record at the close of business on September 30, 2013.

The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Shares:

​Shares TSX Stock Symbol Dividend Per Share ​Record Date ​Payment Date
Series 1 CPX.PR.A $0.2875 September 17, 2013 September 30, 2013
Series 3 CPX.PR.C $0.2875 September 17, 2013 September 30, 2013
Series 5 CPX.PR.E $0.28125 September 17, 2013 September 30, 2013
The dividends for the common shares and preference shares are 100 per cent eligible dividends as defined by the Income Tax Act. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits that reduce the income tax otherwise payable on these dividends.

About Capital Power

Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources. Capital Power owns more than 3,600 megawatts of power generation capacity at 16 facilities across North America. An additional 595 megawatts of owned generation capacity is under construction or in advanced development in Alberta and Ontario.