Chesapeake Utilities Corp. and Florida Public Utilities Co. announced the completion of their planned merger, effective October 28, 2009. Florida Public Utilities is now a wholly owned subsidiary of Chesapeake. Effective October 28, 2009, John R. Schimkaitis becomes the Chairman and Chief Executive Officer of Florida Public Utilities in addition to serving as President and Chief Executive Officer of Chesapeake. Jack English, former Chairman, President and Chief Executive Officer of Florida Public Utilities, will stay on as a consultant and assist in the integration effort. Post-merger, George M. Bachman and Charles L. Stein will continue to serve as Chief Financial Officer and Chief Operating Officer, respectively, of Florida Public Utilities.

Florida Public Utilities Co., Special/Extraordinary Shareholders Meeting, Oct 22, 2009 Agenda: To consider strategic merger with Chesapeake Utilities Corporation.

Florida Public Utilities Co. reported earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net income of $1,004,000 or $0.16 basic and diluted earnings per share on revenue of $34,974,000 compared to net income of $81,000 or $0.01 basic and diluted earnings per share on revenue of $41,376,000 for the same period a year ago. Total revenues decreased primarily due to the lower fuel costs and associated taxes that are recovered directly from customers. For six months, the company reported net income of $1,748,000 or $0.28 basic and diluted earnings per share on revenue of $80,755,000 compared to net income of $2,031,000 or $0.33 basic and diluted earnings per share on revenue of $86,406,000 for the same period a year ago.