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Press release from CNW Group

Churchill Announces Extension to $200 Million Credit Facility

Friday, July 12, 2013

Churchill Announces Extension to $200 Million Credit Facility

08:45 EDT Friday, July 12, 2013

Renewal agreement executed

CALGARY, July 12, 2013 /CNW/ - The Churchill Corporation (TSX: CUQ, CUQ.DB) ("Churchill" or the "Corporation") today announced that it has renewed its $200 million senior secured revolving credit facility (the "Revolver"). The syndicate of lenders remains the same and the Revolver continues to include a $75 million accordion feature. The one-year extension of the Revolver, which became effective July 12, 2013, results in a new maturity date of July 12, 2017.

About The Churchill Corporation
The Churchill Corporation provides building construction, commercial and industrial electrical contracting, earthmoving and industrial insulation services to an array of public and private sector clients. Churchill operates office locations throughout British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. Churchill common shares and convertible debentures are listed on the Toronto Stock Exchange under the symbols "CUQ" and "CUQ.DB", respectively. www.churchillcorporation.com

SOURCE: The Churchill Corporation

For further information:

Andrew Apedoe
Vice President, Investor Relations
The Churchill Corporation
(403) 685-7775
Email: inquiries@churchill-cuq.com

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