Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) today announced higher financial results for the quarter ended March 31, 2010. The first quarter’s performance reflects strong earnings growth in Chesapeake’s legacy business coupled with earnings from our acquisition of Florida Public Utilities Company (“FPU”). The Company’s net income for the quarter ended March 31, 2010 was $14.0 million, or $1.47 per share (diluted), an increase of $5.4 million, or 63 percent, compared to $8.6 million, or $1.24 per share (diluted), for the quarter ended March 31, 2009. The increased results for the first quarter of 2010 included $8.1 million and $4.5 million of operating income and net income, respectively, contributed from FPU, each representing approximately 32 percent of the Company’s consolidated operating income and net income for the period. The quarter ended March 31, 2010 was the first full quarter to include the FPU results after