CLECO CORP NEW
			Symbol			CNL

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Cleco Corporation Declares Regular Common and Preferred Dividends

2009-10-30 10:41 ET - News Release

PINEVILLE, LA -- (MARKET WIRE) -- 10/30/09

The Board of Directors of Cleco Corporation (NYSE: CNL) today declared regular quarterly dividends on the Company's common stock and preferred stock. Following is a summary of dividend payments, as declared:

                       Dividend          Record               Payment
Class of Stock         Declared           Date                  Date
--------------------   --------    ----------------     -----------------

Common Stock            $0.225     November 9, 2009     November 16, 2009

4.5% Preferred Stock    $1.125     November 16, 2009    December 1, 2009

The Company has a dividend reinvestment plan which allows dividends on its common and preferred stock to be reinvested in additional shares of common stock at market price. Brokerage commissions and administrative fees are incurred on dividend purchases.

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