ACO.Y ATCO Ltd

The Board of Directors of ATCO Ltd. today announced that Brian R. Bale has been
appointed Senior Vice President and Chief Financial Officer, ATCO Ltd.,
effective December 1, 2009. Mr. Bale, currently Senior Vice President, Finance
and Regulatory, ATCO Gas, replaces Karen M. Watson who will retire after 33
years of dedicated service to ATCO Group.


"Karen has made significant contributions to the company and has been an
outstanding CFO," said Nancy Southern, Deputy Chairman, President and Chief
Executive Officer. "Her leadership in directing our financial strategy has built
a strong foundation for ATCO's continued growth and success."


Mr. Bale joined ATCO Group in 1981. He held a variety of finance and regulatory
management positions within the company and was appointed an Officer of ATCO
Electric in 2001. Over the past eight years, Mr. Bale has held progressively
responsible executive positions and was most recently named Senior Vice
President, Finance and Regulatory, ATCO Gas. He attended Concordia University,
earning a Bachelor of Commerce degree in 1977 and is a Certified Management
Accountant.


"Brian's financial and regulatory background, combined with his strategic
planning, leadership and sound judgement, will be important contributors to our
future accomplishments," Ms. Southern said.


With more than 7,700 employees and $9.9 billion in assets, ATCO Group delivers
service excellence and innovative business solutions worldwide with leading
companies engaged in Utilities (pipelines, natural gas and electricity
transmission and distribution), Energy (power generation, natural gas gathering,
processing, storage and natural gas liquid extraction), Structures & Logistics
(manufacturing, logistics and noise abatement) 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
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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