ACO.Y ATCO Ltd

ATCO Frontec and the Fort McKay First Nation have been honoured for their joint
venture partnership in the creation and operation of Creeburn Lake Lodge, north
of Fort McMurray. The two are recipients of the Rewarding Partnerships Award,
bestowed by the Alberta Government and Alberta Chamber of Resources for
excellence in innovation and best practices in Aboriginal programs.


"This partnership is an example of how a long-term relationship can thrive when
business initiatives align," said Harry Wilmot, President and Chief Operating
Officer, ATCO Frontec and ATCO Structures Inc. "Both partners - ATCO Frontec and
the Fort McKay First Nation - knew that if this project was successful, it would
strengthen our position going forward."


Creeburn Lake Lodge, is a 500-bed, hotel-like facility that caters to workers in
Alberta's oilsands region. Both ATCO Frontec and Fort McKay First Nation are
equally responsible for designing, creating and sustaining the lodge - a key
ingredient that continues to ensure the lodge's success.


"Creeburn Lake Lodge is yet another example of some of the progressive work our
First Nation has undertaken," said Chief Jim Boucher, of the Fort McKay First
Nation. "In the ATCO Group we found a business partner that shares the same
values as us. As a result, our community has gained financially while our people
have gained new skills and expertise."


Since partnering in Creeburn Lake Lodge, ATCO Frontec and the Fort McKay First
Nation have announced two other additional ventures to meet housing needs in the
oilsands region.


"The Creeburn Lake Lodge project represents a new approach to a significant
human resource challenge in the resource development industry," said Alberta
Chamber of Resources Executive Director Brad Anderson. "I expect its success
will inspire other partnerships that will benefit all Albertans."


The Honourable Gene Zwozdesky, Minister responsible for Aboriginal Relations in
Alberta, will present the award at a banquet tonight in Edmonton.


"This unique joint venture between ATCO Frontec and Fort McKay First Nation will
result in many benefits for First Nations residents and industry alike," said
Gene Zwozdesky, Minister of Aboriginal Relations. "The ministry of Aboriginal
Relations is pleased to recognize and celebrate successful partnerships -
relationships based on mutual trust and respect - that are creating new economic
development opportunities for Aboriginal people in Alberta."


ATCO Frontec is a subsidiary of Canadian Utilities Limited and is part of the
ATCO Group of companies. ATCO Frontec specializes in the rapid mobilization and
delivery of site support and camp services to the resource, defence,
transportation, and telecommunications sectors. More information about the
company is available at www.atcofrontec.com or www.atco.com.


ATCO Group, an Alberta-based worldwide organization of companies with assets of
approximately $8.5 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 (industrials,
technology, logistics and energy services).


The Fort McKay First Nation is comprised of Cree and Dene people who have lived
along the Athabasca River for generations. Fort McKay has established a wide
range of oil industry-based companies that provide employment opportunities and
revenue for the community. More information on Fort McKay can be found at
www.fortmckay.com.


The Alberta Chamber of Resources represents 187 member organizations and is
dedicated to the orderly and responsible development of all of Alberta's natural
resources. The Chamber provides leadership on resource industry issues important
to Alberta's economic, social and environmental well-being. For more
information, visit www.acr-alberta.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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