ACO.Y ATCO Ltd

R.D. Southern, Chairman of the Board, ATCO Ltd., is pleased to announce the
appointment of Nancy Southern as Deputy Chairman effective May 14, 2008. Ms.
Southern assumes this responsibility in addition to her current role as
President & Chief Executive Officer.


Ms. Southern has been a Director of ATCO Ltd. since 1989. She served as the
Corporation's Deputy Chairman from 1996 until 2000; Deputy Chief Executive
Officer from 1998 - 2000 and Co-Chairman and Chief Executive Officer from 2000
to 2003.


ATCO Ltd., an Alberta-based worldwide organization of companies with assets of
approximately $8.2 billion and more than 7,800 employees, is comprised of three
main business divisions: Power Generation; Utilities (natural gas and
electricity transmission and distribution) and Global Enterprises (industrial
manufacturing, technology, logistics and energy services).


More information about ATCO can be found on its website 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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