Emera Q4 Earnings Release and Conference Call

    HALIFAX, Jan. 12 /CNW/ - (EMA-TSX): Emera's Q4 2008 earnings will be
released on Friday, February 13, 2009. The company will be hosting a
teleconference at 4:00 pm Atlantic time that day (3:00 pm Toronto/Montreal/New
York; 2:00 pm Winnipeg; 12:00 pm Vancouver) to discuss the Q4 2008 financial
results.
    Analysts and other interested parties wanting to participate in the call
should dial 1-888-575-8232 (in Toronto 416-406-6419) at least 10 minutes prior
to the start of the call. No pass code is required. The teleconference will be
recorded. If you are unable to join the teleconference live, you can dial for
playback toll-free at 1-800-408-3053 (in Toronto 416-695-5800), access code
3280452# (available until midnight, February 27, 2009). The teleconference
will also be web cast live at www.emera.com and available for playback for one
year.

    About Emera

    Emera Inc. (EMA-TSX) is an energy and services company with $4.8 billion
in assets. Electricity is Emera's core business. The company has two
wholly-owned regulated electric utility subsidiaries, Nova Scotia Power Inc.
and Bangor Hydro-Electric Company, which together serve 600,000 customers.
Emera also owns 19% of St. Lucia Electricity Services Limited, which serves
more than 50,000 customers on the Caribbean island of St. Lucia and 25% of
Grand Bahama Power Company which serves 19,000 customers on the Caribbean
island of Grand Bahama. In addition to its electric utility investments, Emera
has a joint venture interest in Bear Swamp, a 600 megawatt pumped storage
hydro-electric facility in northern Massachusetts; a 12.9% interest in the
Maritimes & Northeast Pipeline; a 7.4% interest in Open Hydro and Emera Energy
Services which manages energy assets on behalf of third parties. Visit Emera
on the web at www.emera.com.

For further information:

For further information: Jennifer Nicholson, CA, Director Investor
Relations and Strategic Development, (902) 428-6347