Capital Power declares dividend for its Preference Shares (Series 11)

<p align="left">EDMONTON, Alberta, May 16, 2019 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.1772 per share on its Cumulative Minimum Rate Reset Preference Shares (Series 11) (TSX: CPX.PR.K). This dividend is the initial quarterly dividend on the Series 11 shares and represents the time period from when the initial share offering closed on May 16, 2019 to June 30, 2019.  Future quarterly dividends, if declared, will be $0.359375 per quarter or $1.4375 per annum for the initial five-year period ending June 30, 2024.<br></p>

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