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Press release from Marketwire

AltaGas Ltd. and Tahltan Central Council Reschedule Vote on Impact Benefit Agreements for McLymont Creek and Volcano Creek Projects

Friday, July 22, 2011

AltaGas Ltd. and Tahltan Central Council Reschedule Vote on Impact Benefit Agreements for McLymont Creek and Volcano Creek Projects15:26 EDT Friday, July 22, 2011CALGARY, ALBERTA--(Marketwire - July 22, 2011) - AltaGas Ltd. (AltaGas) (TSX:ALA) today announced that the ratification vote by the Tahltan Nation on the proposed McLymont Creek and Volcano Creek Impact Benefit Agreements (IBA) as announced on June 1, 2011, will now take place September 9 to September 15, 2011. In addition, the Tahltan Central Council will be issuing a Notice of Vote to Tahltan membership, which initiates the formal voting process on or before July 27, 2011.The postponement is due in part to the Canada Post strike in June, which prevented the timely delivery of packages containing information about the ratification process to Tahltan members. Additionally, the Tahltan required time to improve their ratification process, which also affected the timing of the vote. As a result, AltaGas has supported the decision to reschedule the vote based on the factors above. The delay is not expected to impact the schedules for either project.AltaGas is an energy infrastructure business with a focus on natural gas, power and regulated utilities. AltaGas creates value by acquiring, growing and optimizing its energy infrastructure, including a focus on renewable energy sources. For more information visit: www.altagas.ca.This news release contains forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to AltaGas or an affiliate of AltaGas, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. 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. Such statements reflect AltaGas' current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in AltaGas' public disclosure documents. Many factors could cause AltaGas' actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release as intended, planned, anticipated, believed, sought, proposed, estimated or expected, and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. AltaGas does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.FOR FURTHER INFORMATION PLEASE CONTACT: Investment CommunityAltaGas Ltd.1-877-691-7199investor.relations@altagas.caORMediaAltaGas Ltd.(403) 691-9873media.relations@altagas.cawww.altagas.ca