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Emera Q4 Earnings Release and Conference Call Rescheduled – January 23, 2006

Halifax, NS January 23, 2006 (EMA-TSX): The Emera Inc. Q4 2005 earnings conference call (originally scheduled for Friday, February 17, 2006) has been rescheduled to Monday, February 20th, 2006 at 11:30 AM Atlantic time (10:30 AM Eastern, 7:30 AM Pacific) to accommodate a change in timing of the Company’s Board of Directors meeting. Fourth quarter financial results will also be released on Monday, February 20th at approximately 9:30 AM Atlantic time (8:30 AM Eastern, 5:30 AM Pacific).

Conference Call Dial In Numbers:

For Toronto area participants: 416-340-2216
Toll Free North American participants: 1-866-898-9626

About Emera Inc.

Emera Inc. (EMA-TSX) is an energy and services company with $4.0 billion in assets. The core business of Emera is electricity and the company has two wholly-owned regulated electric utility subsidiaries, Nova Scotia Power Inc. and Bangor Hydro-Electric Company, which together serve 575,000 customers. Nova Scotia Power supplies over 95% of the electric generation, transmission and distribution in Nova Scotia. Nova Scotia Power’s Point Tupper and Lingan generating facilities have been ranked #1 and #2 in Canada in operating performance by The Canadian Electricity Association. Bangor Hydro provides electricity transmission and distribution service to 115,000 customers in eastern Maine. It is a member of the New England Power Pool, and is interconnected with the other New England utilities to the south and with New Brunswick Power to the north. Emera also owns a 12.9% interest in the Maritimes & Northeast Pipeline; and Emera Energy Services which manages energy assets on behalf of third parties and provides related services.