Wisconsin Energy, Wisconsin Electric declare quarterly dividends

       Wisconsin Energy, Wisconsin Electric declare quarterly dividends

PR Newswire

MILWAUKEE, April 18, 2013

MILWAUKEE, April 18, 2013 /PRNewswire/ --The boards of directors of Wisconsin
Energy Corporation (NYSE: WEC) and Wisconsin Electric Power Company today
declared quarterly dividends.

Wisconsin Energy
The Wisconsin Energy board of directors declared a quarterly cash dividend of
34 cents a share on the company's common stock. The dividend is payable June
1, 2013, to stockholders of record on May 14, 2013. This marks the 283^rd
consecutive quarter – dating back to 1942 – that the company will have paid a
dividend to its stockholders.

Wisconsin Electric
The Wisconsin Electric board of directors declared a quarterly dividend of 90
cents a share on the Preferred Stock, 3.60% Series, payable June 1, 2013, to
stockholders of record on May 14, 2013. The board also declared a quarterly
dividend of $1.50 a share on the Six Per Cent Preferred Stock payable July 31,
2013, to stockholders of record on July 12, 2013.

Wisconsin Energy Corporation (NYSE: WEC), based in Milwaukee, is one of the
nation's premier energy companies, serving more than 1.1 million electric
customers in Wisconsin and Michigan's Upper Peninsula and 1.1 million natural
gas customers in Wisconsin. The company's principal utility is We Energies.
The company's other major subsidiary, We Power, designs, builds and owns
electric generating plants.

Wisconsin Energy (wisconsinenergy.com), a component of the S&P 500, has more
than $14billion of assets, approximately 4,500 employees and more than 41,000
stockholders of record.

Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary
of Wisconsin Energy Corporation. The company serves more than 1.1 million
electric customers in Wisconsin and Michigan's Upper Peninsula and more than
460,000 natural gas customers in Wisconsin. Visit the We Energies website at
we-energies.com.

SOURCE Wisconsin Energy Corporation

Website: http://www.wisconsinenergy.com
Website: http://we-energies.com
Contact: Brian Manthey (news media), 414-221-4444,
brian.manthey@we-energies.com; or Colleen F. Henderson, CFA (analysts),
414-221-2592, colleen.henderson@wisconsinenergy.com