Mr. Kealey Martin reports

FORTIS INC. ANNOUNCES THIRD QUARTER DIVIDENDS-2016 AND REDEMPTION OF SERIES "E" FIRST PREFERENCE SHARES

The board of directors of Fortis Inc. has declared the following dividends:

1. 30.63 cents per share on the first preference shares, Series F, of the corporation, payable on Sept. 1, 2016, to the shareholders of record at the close of business on Aug. 19, 2016;
2. 24.27 cents per share on the first preference shares, Series G, of the corporation, payable on Sept. 1, 2016, to the shareholders of record at the close of business on Aug. 19, 2016;
3. 15.625 cents per share on the first preference shares, Series H, of the corporation, payable on Sept. 1, 2016, to the shareholders of record at the close of business on Aug. 19, 2016;
4. 12.44375 cents per share on the first preference shares, Series I, of the corporation, payable on Sept. 1, 2016, to the shareholders of record at the close of business on Aug. 19, 2016;
5. 29.69 cents per share on the first preference shares, Series J, of the corporation, payable on Sept. 1, 2016, to the shareholders of record at the close of business on Aug. 19, 2016;
6. 25 cents per share on the first preference shares, Series K, of the corporation, payable on Sept. 1, 2016, to the shareholders of record at the close of business on Aug. 19, 2016;
7. 25.625 cents per share on the first preference shares, Series M, of the corporation, payable on Sept. 1, 2016, to the shareholders of record at the close of business on Aug. 19, 2016;
8. 37.5 cents per share on the issued and outstanding fully paid common shares of the corporation, payable on Sept. 1, 2016, to the common shareholders of record at the close of business on Aug. 19, 2016.

Fortis has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.

Redemption of Series E first preference shares

Fortis will redeem all of the issued and outstanding first preference shares, Series E, of the corporation in accordance with their terms on or about Sept. 1, 2016. The redemption price will be $25.3063 in cash for each share, being equal to $25 plus 30.63 cents, representing the amount of the accrued and unpaid dividends per share for the period from and including June 1, 2016, to, but not including, Sept. 1, 2016. A notice of redemption providing additional details will be mailed to the registered holders of first preference shares, Series E, on or about July 29, 2016.