Financial & Corporate News

At their meeting held on August 5, 2009, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.315 per share on the Company’s common stock, representing $1.26 per share on an annualized basis.

Chesapeake Utilities Corporation (NYSE: CPK) announced today that it has received all public service commission regulatory approvals required for its merger with Florida Public Utilities Company (FPU) (NYSE AMEX: FPU).

Eastern Shore Natural Gas Company (ESNG), a subsidiary of Chesapeake Utilities Corporation, received the American Gas Association’s (AGA) Safety Achievement Award for the sixth consecutive year in a row.

John Schimkaitis, President and Chief Executive Officer of Chesapeake Utilities Corporation (NYSE: CPK), announced today that the Company’s Board of Directors elected Jeffrey R. Tietbohl to the position of Assistant Vice President at their May 6, 2009 meeting.

At their meeting held on May 6, 2009, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.315 per share on the Company’s common stock.

Chesapeake Utilities Corporation (NYSE: CPK) today announced a 13-percent increase in net income for the quarter ended March 31, 2009, compared to the same period in 2008.

Chesapeake Utilities Corporation (NYSE: CPK) and Florida Public Utilities Company (NYSE AMEX: FPU) today announced that they have entered into a definitive merger agreement pursuant to which Florida Public Utilities will merge with a wholly owned subsidiary of Chesapeake.

Chesapeake Utilities is hoping that the local communities join the Company in planting trees for Earth Day and Arbor Day projects next week.

John Schimkaitis, President and Chief Executive Officer of Chesapeake Utilities Corporation (NYSE: CPK), announced today that Matthew M. Kim has joined the Company as Controller.

Chesapeake Utilities Corporation (NYSE: CPK) today announced the financial results for the year and quarter ended December 31, 2008.

At their meeting held on February 24, 2009, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.305 per share on the Company’s common stock, representing $1.22 per share on an annualized basis.

Chesapeake Utilities Corporation (NYSE: CPK) learned earlier today that its ticker symbol, “CPK,” was erroneously included in an article published by Barron’s, entitled “The Audacity of Less Hope.”

In concert with the dramatic increases in the funding level for the federal Low Income Home Energy Assistance Program (LIHEAP), Chesapeake Utilities is pleased to announce that the grant levels of the Sharing Fund have also increased for the third consecutive year for those who qualify for assistance.

Due to continued declines in the cost of natural gas, Chesapeake Utilities today filed an application with the Delaware Public Service Commission to reduce its Gas Sales Service Rates for Delaware customers.