ACO.Y ATCO Ltd

ATCO Structures & Logistics (ASL) today announced it is building and will
operate an accommodation complex in Estevan, Saskatchewan to meet growing demand
from the oil and construction industries.


The 202 room ATCO Lodge will be an "open camp" style accommodation for non-local
workforce. It will be the fourth ASL center of operation in Saskatchewan.


"A number of companies involved in the Bakken oil play indicated a need for
additional accommodation in the Estevan area," said Harry Wilmot, President,
ATCO Structures & Logistics. "Additionally, other economic indicators in
southeast Saskatchewan lead us to conclude that building an open lodge there
will be a win-win for both ATCO and the community."


While the oil industry in southeast Saskatchewan is primed for a busy 2010,
$1.65 billion in carbon capture and sequestration projects are also slated for
the Estevan area. Meanwhile, another $38 million is being invested in improving
and expanding two power plants, all of which is increasing demand for workforce
housing.


"We are currently taking bookings," said Wilmot. At the same time, we are
looking to hire staff to help run the lodge. It will employ up to 20 people."


The 35,000 square foot ATCO lodge is expected to open in March. It will offer
private rooms and three meals a day. There will also be a games room, fitness
centre and internet access. Accommodation will be available on a short or
long-term basis.


In addition to the lodge in Estevan, ASL operates the Creeburn Lake Lodge and
Barge Landing Lodge - in partnership with the Fort McKay First Nation near Fort
McMurray. Both provide accommodation to workers in the oilsands.


ATCO has been providing camps and related operational services for more than 60
years, including operational support to NATO in Bosnia, Kosovo and Afghanistan.


ATCO Structures & Logistics is part of the ATCO Group of Companies and 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 $9.9 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.


For career opportunities at the ATCO Lodge in Estevan, please visit
www.ATCOcareers.com.


To book a room at the ATCO Lodge in Estevan call: 1-888-6-Go-ATCO or 1-888-646-2826

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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