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Press release from Marketwire

ATCO Awarded 2,600-Person Workforce Accommodation in Australia

Third major contract win this year supporting liquefied natural gas projects on Curtis Island

Wednesday, September 07, 2011

ATCO Awarded 2,600-Person Workforce Accommodation in Australia03:00 EDT Wednesday, September 07, 2011GLADSTONE, AUSTRALIA--(Marketwire - Sept. 7, 2011) - ATCO Structures & Logistics has been awarded a contract to design and manufacture a 2,600-person temporary accommodation facility on Curtis Island, Queensland for Australia Pacific LNG. The contract was awarded by Bechtel Australia, the primary engineering, procurement and construction contractor working for Australia Pacific LNG's liquefied natural gas facility.This is ATCO Structures & Logistics' third major contract win this year supporting liquefied natural gas projects on Curtis Island. Curtis Island is approximately 500 km northwest of Brisbane."Our significant experience providing quality modular units for other similar projects was key to winning this contract," said Harry Wilmot, President & Chief Operating Officer, ATCO Structures & Logistics. "We have developed a solid reputation in Australia for providing the local workforce with safe, reliable accommodations."In May, ATCO Structures & Logistics announced it had begun building two other construction camps on Curtis Island; a 1,700-person accommodation facility supporting the Queensland Curtis LNG Project and a second 1,700-person accommodation facility for the Gladstone LNG project.This latest project includes sleeping quarters, a dining facility and laundry area. The central core will include a pool, gym, outdoor sports court and administration buildings. Delivery of the modular units will begin in late 2011.ATCO Structures & Logistics offers modular buildings, site services solutions, and industrial noise control worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. To learn more visit www. atcosl.com.ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 8,000 employees and assets of approximately $11 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) 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 information. Forward-looking information is often, but not always, identifiedby the use of words such as "anticipate","plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves 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 information. The Corporation believes that the expectations reflectedin the forward-looking information arereasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.FOR FURTHER INFORMATION PLEASE CONTACT: Harry WilmotNorth America:President & Chief Operating OfficerATCO Structures & Logistics Ltd.403-813-1951ORMichael ClennettAustralia:Executive Vice President,International Business DevelopmentATCO Structures & Logistics Ltd.+61 7 3412 7800