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ATCO Electric Receives Award for Archaeological Stewardship

More than 140 historical sites identified during major transmission construction project

CALGARY, ALBERTA -- (Marketwired) -- 04/18/13 --

Editor's Note: There is a photo associated with this release.

ATCO Electric has received the 2013 Richard G. Forbis award for its Historical and Archaeological Resource Protection Plan implemented during construction of the Hanna Region Transmission Development project. The award was presented by the Archaeological Society of Alberta - Calgary Centre at the society's annual general meeting.

The Richard G. Forbis award was created by the Archaeological Society of Alberta - Calgary Centre to recognize an individual or organization in southern Alberta that displays exceptional service to public archaeology by making archaeology more visible in the media, raising public awareness and providing ways for the public to participate in archeological studies.

The 2013 award was presented to ATCO Electric in recognition of its significant contributions toward raising awareness of historical resource issues through public consultation and its efforts to educate employees and the public about the importance of First Nation and pioneer-era sites.

"With more than 85 years' experience working in Alberta, ATCO Electric has deep roots in this province," said Sett Policicchio, President, ATCO Electric Transmission. "We are committed to finding environmentally-responsible and sustainable ways to do business. This Historical and Archaeological Resource Protection Plan is one example of our efforts in maintaining our commitment to protect Alberta's heritage."

ATCO Electric developed the plan with the goal of protecting historical resources during construction on the Hanna Region Transmission Development project, which will provide major transmission reinforcement in southeast Alberta. The plan helps employees identify and protect historical and archaeological resources. As a result, more than 140 historical sites were identified during construction, a marked increase from the five on record at the onset of the project in 2010, and a significant contribution to Alberta's registry of historical resources.

ATCO Electric provides safe, reliable delivery of electricity to nearly 216,000 customers in 245 communities across Alberta and is part of the ATCO Group of Companies. ATCO Group, with more than 9,400 employees and assets of approximately $14 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in structures & logistics (manufacturing, logistics and noise abatement), utilities (pipelines, natural gas and electricity transmission and distribution), energy (power generation, natural gas gathering, processing, storage and liquids extraction) and technologies (business systems solutions). More information can be found at www.atco.com.

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "plan", "expect", "may", "will", "intend", "should", and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes that the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.

The Corporation's actual results could differ materially from those anticipated in these forward-looking statements as a result of regulatory decisions, competitive factors in the industries in which the Corporation operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Corporation.

The forward-looking statements contained in this news release represent the Corporation's expectations as of the date hereof, and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

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Contacts:
ATCO Electric
Corporate Communications
780-288-7621 (24 hours)

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