March 08, 2013

best new online casinoCapital Power Announces Increase to Preferred Share Issue

New online casinos – Capital Power Corporation (“Capital Power”) (TSX:CPX) is pleased to announce that as a result of strong investor demand for its previously announced offering of 6,000,000 Cumulative Rate Reset Preference Shares, Series 5 (the “Series 5 Shares”), the underwriters have exercised their option to purchase an additional 2,000,000 Series 5 Shares at a price of $25.00 per share. Capital Power will receive additional gross proceeds of $50,000,000 from the exercise of the option, increasing the total size of the offering to $200,000,000. The anticipated closing date of March 14, 2013 for the offering, including the issuance of the additional 2,000,000 Series 5 Shares, remains unchanged.

The shares have not been registered under the U.S. Securities Act of 1933, New casino sitesas amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy any security, and shall not constitute an offer, solicitation or sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

Forward-Looking Information

Certain information in this news release relating to Capital Power is forward-looking and related to anticipated events and strategies. When used in this context, words such as “will”, “anticipate”, “believe”, “plan”, “intend”, “target” and “expect” or similar words suggest future outcomes. By their nature, such statements are subject to significant risks and best new online casinouncertainties, which include, but are not limited to, regulatory and government decisions, economic conditions, and availability and cost of financing.

All forward-looking information or statements reflect Capital Power’s assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, and other factors it believes are appropriate. Readers are cautioned not to place undue reliance on this forward-looking information. Capital Power undertakes no obligation to update or revise any forward-looking information except as required by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to Capital Power’s Management’s Discussion and Analysis dated and New casino gamesfiled March 1, 2013 under Capital Power’s profile on SEDAR at and other reports filed by Capital Power with Canadian securities regulators.

About Capital Power

Capital Power (TSX:CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources. Capital Power owns more than 3,600 megawatts of power generation capacity at 16 facilities across North America. An additional 595 megawatts of owned generation capacity is under construction or in advanced development in Alberta and Ontario.