Newfoundland Power Inc.
TSX : FTS

Newfoundland Power Inc.

October 26, 2005 14:23 ET

Newfoundland Power Declares Dividends on Series A, B, D and G First Preference Shares

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(CCNMatthews - Oct. 26, 2005) - Newfoundland Power Inc. (TSX:FTS) declared regular quarterly dividends on its Series A, B, D and G First Preference Shares as follows:



1. a dividend of $0.1375 per share on the issued and outstanding
5 1/2% Cumulative Redeemable First Preference Shares Series A
of the Company for the quarter ending January 31st, 2006, be
and it is hereby declared payable February 1st, 2006 to the
Series A First Preference Shareholders of Record at the close
of business January 13th, 2006;

2. a dividend of $0.13125 per share on the issued and
outstanding 5 1/4% Cumulative Redeemable First Preference
Shares Series B of the Company for the quarter ending January
31st, 2006, be and it is hereby declared payable February
1st, 2006 to the Series B First Preference Shareholders of
Record at the close of business January 13th, 2006;

3. a dividend of $0.18125 per share on the issued and
outstanding 7 1/4% Cumulative Redeemable First Preference
Shares Series D of the Company for the quarter ending
February 28th, 2006, be and it is hereby declared payable
March 1st, 2006 to the Series D First Preference Shareholders
of Record at the close of business February 10th, 2006; and,

4. a dividend of $0.19 per share on the issued and outstanding
7.60% Cumulative Redeemable First Preference Shares Series G
of the Company for the quarter ending December 31st, 2005 be
and it is hereby declared payable January 1st, 2006 to the
Series G First Preference Shareholders of Record at the close
of business December 16th, 2005.



Contact Information

  • Newfoundland Power Inc.
    Ms. Jocelyn Perry
    Vice President, Finance
    (709) 737-2812
    (709) 737-5300 (FAX)