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EDMONTON, Alberta – October 21, 2009 – Capital Power Corporation (TSX: CPX) will release its third quarter, 2009 results after the close of market on October 30, 2009.

Management will be hosting a conference call and live webcast with analysts on Monday, November 2, 2009 at 11:00 am, Eastern Time to discuss the third quarter results. The conference call dial-in numbers are: (416) 340-8061 or (866) 223-7781 (toll free).

Interested parties may access the webcast on the Company’s website at https://www.capitalpower.com/. An archive of the webcast will be available on the website.

A replay of the conference call will be available following the call at: (416) 695-5800 or (800) 408-3053 (toll free) and entering pass code 2164117. The replay will be available until 11:59 p.m. Eastern Time on November 9, 2009.

About Capital Power

Capital Power is a growth-oriented North American independent power producer, building on more than a century of innovation and reliable performance. The company’s vision is to be recognized as one of North America’s most respected, reliable and competitive power generators. Headquartered in Edmonton, Alberta, Capital Power has interests in 31 facilities in Canada and the U.S. totaling approximately 3,300 megawatts of generation capacity. Capital Power and its subsidiaries develop, acquire and optimize power generation from a wide range of energy sources. The company’s web site can be accessed at https://www.capitalpower.com/.