ACO.Y ATCO Ltd

ATCO Structures & Logistics Ltd. (ASL), announced today the opening of a new branch office in Anchorage, Alaska. The international company has identified Alaska as an important area of growth for its unique products and services.

"Alaska has been an important market to ATCO for decades," said Harry Wilmot, President, ATCO Structures & Logistics. "This expansion will allow us to work even closer with our aboriginal and joint venture partners as well as local clients."

The expansion comes as ATCO is constructing a 78-person camp south of Fairbanks, Alaska. The camp is being built to U.S. code requirements and includes newly-manufactured accommodations, kitchen, dining room, recreation and office facilities for a mining project. Project completion is expected in late November.

"The design and quality of our product was originally proven in Alaska," said Wilmot. "We built our reputation in tough northern climates and we believe in the Alaskan market."

ASL's housing experience in Alaska dates back to the late '70s when the company provided workforce housing along the Alyeska pipeline. Those early units were capable of withstanding extreme temperatures and winds of 120 miles per hour.

Today, ASL's offerings have expanded to include rentals of modular offices, construction, camp catering, logistics, support services and noise reduction technologies. Together with its aboriginal partners, the company also operates and maintains radar and site communication equipment on 62 radar sites across the north, including 15 radar sites in Alaska under contract with the United States Air Force.

Part of the ATCO Group of Companies, ATCO Structures & Logistics offers complete infrastructure solutions to customers worldwide. With manufacturing facilities in North America, South America, Australia, and the Middle East and operations on six continents, the company has the expertise to deliver a rapid, full turnkey solution anywhere it is needed.

ATCO Group is an Alberta-based, worldwide organization of companies with more than $9.8 billion in assets and 7,700 employees actively engaged in Energy, Utilities, Structures & Logistics and Technologies. 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, identified by 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 reflected in the forward-looking information are reasonable, 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.

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Contacts: ATCO Structures & Logistics Harry Wilmot President & COO (403) 608-0248 www.atcostructures.com