NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Emera Incorporated ("Emera" or the "Company") (TSX:EMA) announced today that in
connection with its recently announced public offering of 4,000,000 Cumulative
Redeemable First Preferred Shares, Series E (the "Series E Shares"), the
underwriters have exercised their option (the "Underwriters' Option") to
purchase an additional 1,000,000 Series E Shares at a price of $25.00 per share.
Emera will receive additional gross proceeds of $25 million from the exercise of
the Underwriters' Option, increasing the total size of the offering to $125
million. Closing of the Underwriters' Option is expected to occur concurrently
with the scheduled closing of the public offering on June 10, 2013. 


The securities referred to herein have not been and will not be registered under
the United States Securities Act of 1933, as amended, and may not be offered or
sold in the United States absent registration or an applicable exemption from
registration requirements. 


This news release does not constitute an offer to sell or the solicitation of
any offer to buy, nor will there be any sale of these securities, in any
province, state or jurisdiction in which such offer, solicitation or sale would
be unlawful prior to the registration or qualification under the securities laws
of any such province, state or jurisdiction.


Forward Looking Information

This news release contains forward looking information. Actual future results
may differ materially. Additional information related to Emera, including the
company's Annual Information Form, can be found on SEDAR at www.sedar.com. 


About Emera

Emera Inc. is an energy and services company with $7.8 billion in assets and
2012 revenues of $2.1 billion. The company invests in electricity generation,
transmission and distribution, as well as gas transmission and utility energy
services. Emera's strategy is focused on the transformation of the electricity
industry to cleaner generation and the delivery of that clean energy to market.
Emera has investments throughout northeastern North America, and in three
Caribbean countries. More than 80% of the company's earnings come from regulated
investments. Emera common and preferred shares are listed on the Toronto Stock
Exchange and trade respectively under the symbol EMA, EMA.PR.A., and EMA.PR.C.
Additional information can be accessed at www.emera.com or at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Emera Inc.
Jill MacDonald, CA
Manager, Investor Relations
(902) 428-6486


Emera Inc.
Sasha Irving
Director, Corporate Communications
(902) 229-5104
www.emera.com

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