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Fortis Earns $315 Million in 2012: Canadian Regulated Utilities Achieve 11% Growth in Earnings; Settlement Agreement Filed re CH Energy Group Acquisition

Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) achieved net earnings attributable to common equity shareholders of $315 million, or $1.66 per common share, for 2012 compared to $311 million, or $1.71 per common share, for 2011.