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Press release from Marketwire

ATCO Gas Begins Construction of New Okotoks Service Centre

Larger facility will be environmentally friendly

Tuesday, May 01, 2012

ATCO Gas Begins Construction of New Okotoks Service Centre13:00 EDT Tuesday, May 01, 2012OKOTOKS, ALBERTA--(Marketwire - May 1, 2012) - ATCO Gas continued its ongoing centennial year celebrations today by looking forward - construction started on a new environmentally-friendly operations centre in Okotoks designed to meet the current and future needs of the community. The company's operations, construction and customer service will be consolidated under one roof to provide quicker response to line installation requests, construction services and emergency calls."This is an exciting day for both ATCO Gas and the Town of Okotoks," said Bill Stephens, Senior Vice President & General Manager, ATCO Gas. "There is no better way to commemorate 100 years of delivering safe, reliable natural gas service to Okotoks than by starting construction of a new facility that will serve customers in the town and surrounding communities for generations to come." "The new ATCO Gas Service Centre is a huge benefit for the Town of Okotoks," said Mayor Bill Robertson, Town of Okotoks. "ATCO Gas has always been a great partner in our community and this facility demonstrates its continued commitment to our people, our economy and our safety. It also builds on our shared commitment and partnership to protect the environment through energy conservation." The design of ATCO Gas's new service centre incorporates state-of-the-art microgeneration technology to help minimize the facility's environmental footprint by reducing energy consumption. It makes use of combined heat and power technology fueled by natural gas to generate 25kw/h of electricity as well as deliver exhaust heat to the building's boiler heating system. The 14,100 sq. ft. facility is scheduled to open in spring 2013. Thirty employees will be relocated from Calgary to the new facility, increasing the number of employees to 37 upon opening. ATCO Gas is celebrating 100 years of heating homes and warming communities in Alberta. As an Alberta based, province-wide natural gas distribution company, ATCO Gas serves more than one million customers in nearly 300 Alberta communities and is part of the ATCO Group of Companies. ATCO Group, with more than 8,800 employees and assets of approximately $13 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.FOR FURTHER INFORMATION PLEASE CONTACT: Corporate CommunicationsATCO Gas780-288-7621 (24 hours)www.atco.com