CNL Cleco Corp.

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: -0- *T Dividend Record Payment Class of Stock Declared Date Date -------------- -------- ------ ------- Common Stock $0.225 February 6, 2006 February 15, 2006 4.5% Preferred Stock $1.125 February 15, 2006 March 1, 2006 *T Dividends were also declared on preferred stock held in the Company's Employee Stock Ownership Plan. 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 provider headquartered in Pineville, La. It operates a regulated electric utility company that serves about 265,000 customers across Louisiana. Cleco also operates a wholesale energy business that has approximately 1,400 megawatts of generating capacity. For more information about Cleco, visit www.cleco.com.