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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2005-01-28 Sale |
2005-02-01 11:12 am | CLECO CORP | CNL | MADISON MICHAEL (President & COO - Cleco Power) | 3,000 | $0 | $0 | 13,170 (Direct) | View |
| 2004-01-23 Sale |
2004-01-27 12:26 pm | CLECO CORP | CNL | MADISON MICHAEL (President & COO - Cleco Power) | 3,000 | $0 | $0 | 6,000 (Direct) |
View |
| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded |
Average Price |
Total Amount | Shares Ownership |
Filing |
| 2008-03-14 I | 2008-03-17 09:57 am |
CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 1,938 | $22.02 | $42,683 | 79,397 (Direct) | View |
| 2008-01-25 Option Award | 2008-01-29 11:23 am | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 17,104 | $0 | $0 | 77,333 (Direct) |
View |
| 2007-12-31 Other Tax Withholding |
2008-01-03 4:56 pm | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 4,158 | $0 | $0 | 60,229 (Direct) | View |
| 2007-01-26 Option Award | 2007-01-30 2:37 pm |
CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 14,754 | $0 | $0 | 59,663 (Direct) | View |
| 2006-12-31 Other Tax Withholding | 2007-01-04 11:09 am | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 1,779 | $0 | $0 | 44,909 (Direct Indirect) | View |
| 2006-03-15 Option Award | 2006-03-15 3:33 pm | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 3,526 | $0 | $0 | 44,356 (Direct) |
View |
| 2005-12-31- -2006-01-27 Option Award Other(A) | 2006-02-17 5:12 pm | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 15,002 | $0 | $0 | 40,830 (Direct Indirect) |
View |
| 2005-12-31- -2006-01-27 Option Award Other | 2006-01-30 5:38 pm | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 15,002 | $0 | $0 | 40,830 (Direct Indirect) |
View |
| 2005-05-05 Option Award |
2005-05-06 2:34 pm | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 4,450 | $0 | $0 | 25,875 (Direct) |
View |
| 2005-01-28 Option Award |
2005-02-01 11:12 am |
CLECO CORP | CNL | MADISON MICHAEL (President & COO - Cleco Power) | 8,255 | $0 | $0 | 21,425 (Direct) |
View |
| 2004-01-23 Option Award |
2004-01-27 12:26 pm |
CLECO CORP | CNL | MADISON MICHAEL (President & COO - Cleco Power) | 10,170 | $0 | $0 | 16,170 (Direct) |
View |
| 2003-10-01 Option Award | 2003-10-02 09:19 am | CLECO CORP | CNL | MADISON MICHAEL (President & COO - Cleco Power ) | 9,000 | $0 | $0 | 9,000 (Direct) |
View |
| Transaction & Date | Reported Date | Exercisable Expiration | Company | Symbol | Insider Relationship | Shares Traded |
Conversion Price |
Shares Ownership |
Filing |
| 2006-01-27 Option Award |
2006-02-17 5:12 pm | N/A 2016-01-27 | CLECO CORP | CNL | MADISON MICHAEL (President & CEO Director) | 60,000 | $22 | 69,000 (Direct) |
View |
| 2003-10-01 Option Award |
2003-10-02 09:19 am | 1988-08-08 2013-10-01 |
CLECO CORP | CNL | MADISON MICHAEL (President & COO - Cleco Power ) | 9,000 | $16.38 | 9,000 (Direct) | View |
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