----

----

| 1.   | Amendment.      The provisions of this Amendment Number 5 and Plan of Merger ("Plan      of      Merger") shall form a part of the Cleco Power Plan and shall be      effective as of the date set forth below. Except as provided otherwise      herein, capitalized terms shall have the meaning assigned to them in the      Cleco Power Plan. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Plan      Document Restatement. Except as expressly provided in this Plan of      Merger, the Cleco Energy Plan is amended and restated, in its entirety,      effective as of 12:00 a.m. March 1, 2009, in the form of the Cleco Power      Plan. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|             3. | Merger.      Effective as of 12:00 a.m. March 1, 2009 (the "Merger      Date"), the Cleco Energy Plan shall be merged into and form a part      of the Cleco Power Plan, subject to the terms and conditions of this Plan      of Merger. The Cleco Power Plan shall assume liability for the account      balances of the Cleco Energy Planparticipants. |
|----------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Exhibit      A401(k)      PlanAmendment      Number 5and      Plan of MergerPage 2 of      3 |
|--------------------------------------------------------------------------------------------------------|

|  4. | Merged Interest. The      term "Merged Interest"      means the amount allocated to a Participant as of the Merger Date      under the Cleco Energy Plan. Such Merged Interest shall be determined      without regard to any vesting schedule imposed under the Cleco Energy Plan      (participants in the Cleco Energy Plan were at all times 100% vested in      their Cleco Energy Plan benefits). The term "Merged Interest" shall be      deemed to include any income, gains or losses allocated, from time to      time, according to the provisions of the Cleco Energy Plan and this Plan      of Merger. With respect to the merger, the following conditions will      apply: |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a.   | The      sum of the account balances in each plan shall equal the fair market value      (determined as of the Merger Date) of the entire Cleco Power Plan assets      after the merger. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b.   | The      assets of each plan shall be combined to form the assets of the Cleco      Power Plan as merged. |
|----------------|-----------------------------------------------------------------------------------------------------------|

|   |  c. | Immediately      after the merger, each Participant in the Cleco Power Plan as merged shall      have an account balance equal to the sum of the account balances the      Participant had in the plans immediately before the  merger. |
|--------|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  5. | Investment of Merged Interest.      As soon as practicable after the Merger Date, the Merged Interest      of each Participant shall be invested according to the instructions of      each Participant or as otherwise set forth in the Cleco Power Plan.      Notwithstanding the preceding sentence, the Merged Interest of any      Participant or group of Participants may be held for a reasonable period      in cash, cash equivalent investments, or other investments intended to      preserve principal, without liability for loss of investment earnings. Any      income or loss accruing hereunder shall be allocated to the affected      Merged Interest or group of interests or applied to the payment of the      fees and expenses of the Cleco Energy Plan in an equitable manner. Such      allocation need not be consistent with the terms of the Cleco Power Plan      otherwise governing allocations. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  6. | Counterparts. This Plan      of Merger may be executed in several counterparts, each of which shall be      deemed an original, but all of which shall constitute one and the same      instrument, which may be evidenced by any one  counterpart. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Exhibit      A401(k)      PlanAmendment      Number 5and      Plan of MergerPage 3 of      3 |
|--------------------------------------------------------------------------------------------------------|

| Witnesses:                                                                                                                                                       | Cleco      Power LLC                                                                                                                                                                                                                                                                                                                       |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                             |                                                                                                                                                                                                                                                                                                                                       |
| /s/  Shelly      Malone                       | By:  /s/  G.W.      Bausewine                                                                                                                               |
|                                                                                                                                                             | Its:  Senior Vice President      – Corp. Services                                                                                                                                                                                                                                                                          |
| /s/  Sallee      Roberts                      | Date:  2/24/09                                                    |
|                                                                                                                                                             |                                                                                                                                                                                                                                                                                                                                       |
| Witnesses:                                                                                                                                                       | Cleco      Energy LLC                                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                             |                                                                                                                                                                                                                                                                                                                                       |
| /s/  Linda V.      Smith                                | By:  /s/  Darren      Olagues                                                                                                                          |
|                                                                                                                                                             | Its:  President      and Chief Executive Officer                                                                                                                                                                                                                                                                       |
| /s/ Jill M.      Kelone                            | Date:  2/23/09                                                         |

----

----