PINEVILLE, LA--(Marketwire - January 25, 2008) - 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      February 4, 2008     February 15, 2008

4.5% Preferred Stock  $1.125      February 15, 2008    March 1, 2008

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.

Cleco Corp. is a regional energy company headquartered in Pineville, La. It operates a regulated electric utility company that serves about 268,000 customers across Louisiana. Cleco also operates a wholesale energy business with approximately 1,350 megawatts of generating capacity. For more information about Cleco, visit www.cleco.com.

Contact Information: Investor Contacts: Cleco Corporation: Ryan Gunter (318) 484-7724 Shareholder Services: Rodney Hamilton (318) 484-7593 Analyst Inquiries: Dresner Corporate Services Kristine Walczak (312) 780-7205 Media Contact: Cleco Corporation Fran Phoenix (318) 484-7467