October 05, 2007

Bangor Hydro Electric Company Announces New President and Chief Operating Officer

Bangor, ME-- Chris Huskilson, Chairman of the Board of Directors for Bangor Hydro Electric Company, has announced that Robert J.S. Hanf is the new President and Chief Operating Officer for Bangor Hydro. Prior to his position with Bangor Hydro, Hanf acted as General Counsel for Emera Inc., and its affiliates, where he and his internal legal team provided legal and regulatory services to Emera and its various operating subsidiaries in Canada and the Northeast United States. Before joining Emera in 2002, he was Partner in the law firm of McCarthy Tétrault LLP, Calgary, Alberta, specializing in energy law.

"I'm amazed at the warm welcome I've received so far in Bangor," said Hanf. "I feel right at home."

Hanf is a graduate of Dalhousie University Law School and holds a B.A. in Philosophy from the University of Prince Edward Island. He recently completed the Directors Education Program through the Institute of Corporate Directors, University of Toronto. He is a member of the Nova Scotia Barristers' Society and the Law Society of Alberta. Hanf is also a member of the American Bar Association. Bob is a Commissioned Officer in the Reserves.

"I plan to continue Bangor Hydro's commitment to promoting economic growth," said Hanf. "I look forward to working with new and existing business to find energy solutions that best fit their needs."

Hanf has been involved in various volunteer activities including serving as Vice President of the Board of Directors of the Calgary Opera Association and as a Founding Director of the Inn from the Cold Society, St. Stephen's Anglican Church.

"I strongly believe in supporting and enhancing the community in which I live," said Hanf. "I'm particularly proud of the efforts Bangor Hydro employees have made in reaching their goal for the 2007 United Way Campaign. I look forward to continuing these efforts."

Hanf plans to reside in the Bangor area.

Bangor Hydro-Electric Company (BHE) is an electric utility wholly-owned by Emera Inc. BHE serves a population of 192,000 in an area encompassing 5,275 square miles in eastern and east coastal Maine. BHE is a member of the New England Power Pool and is interconnected with other New England utilities to the south and with the New Brunswick Power Corp. to the north. Visit us at www.bhe.com.

Emera Inc. (EMA-TSX) is an energy and services company with $4.0 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 590,000 customers. Emera's other investments include 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 ; and Emera Energy Services which manages energy assets on behalf of third parties and provides related services. Visit Emera on the web at www.emera.com.