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Newfoundland Light & Power Co. Limited - Dividends.

ST. JOHN'S, NEWFOUNDLAND--(BUSINESS WIRE)--Feb. 26, 1997-- Newfoundland Light & Power (ME:NFL.PR.H. NFL.PR.G. NFL.PR.D.) Please be advised that during a meeting of the Board of Directors of this Company duly convened and held on February 26, 1997 the following dividends were declared:

$0.1375 per share on the Series A First Preference Shares payable May 1, 1997, to the Series A First Preference Shareholders of Record at the close of business April 11, 1997.

$0.13125 per share on the Series B First Preference Shares payable May 1,1997, to the Series B First Preference Shareholders of Record at the close of business April 11,1997.

$0.18125 per share on the Series D First Preference Shares payable June 1,1997, to the Series D First Preference Shareholders of Record at the close of business May 9, 1997.

$0.19 per share on the Series G First Preference Shares payable April 1, 1997, to the Series G First Preference Shareholders of Record at the close of business March 14, 1997. Yours very truly,

Peter Alteen Secretary

CONTACT: Newfoundland Light & Power Co. Limited

Peter Alteen, 709/737-5600
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Publication:Business Wire
Date:Feb 26, 1997
Words:193
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