CU Inc., a wholly owned subsidiary of Canadian Utilities Limited, is a holding company whose principal operating subsidiaries are ATCO Electric Ltd., ATCO Gas and Pipelines Ltd., Alberta Power (2000) Ltd. and CU Water Limited.

All dividends paid on CU Inc. shares on or after January 1, 2006 are designated "eligible dividends" for Canadian income tax purposes unless CU Inc. indicates otherwise.  You should consult your tax advisor for advice with respect to the income tax consequences of receiving eligible dividends.  Further information regarding the taxation of eligible dividends is also available from the Canada Revenue Agency.

Preferred Shares

Cumulative Redeemable Preferred Shares Series 1

Price:
» $25.00 par value per share to yield 4.60% per annum

TSX Symbol:
» CIU.PR.A

Shares Outstanding as at April 18, 2007:
» 4,600,000

Key Terms:
The holders of the Cumulative Redeemable Preferred Shares Series 1 (the “Series 1 Preferred Shares”) of CU Inc. (the “Corporation”) will be entitled to receive fixed cumulative preferential cash dividends, if, as and when declared by the Board of Directors of the Corporation, at a rate of $1.15 per annum, to accrue from the date of original issue, payable quarterly on the first day of March, June, September and December of each year.

On or after June 1, 2012, the Corporation may, at its option on not less than 30 nor more than 60 days prior notice, redeem for cash the Series 1 Preferred Shares, in whole at any time or in part from time to time, at $26.00 per share if redeemed during the 12 months commencing June 1, 2012, at $25.75 per share if redeemed during the 12 months commencing June 1, 2013, at $25.50 per share if redeemed during the 12 months commencing June 1, 2014, at $25.25 per share if redeemed during the 12 months commencing June 1, 2015, and at $25.00 per share if redeemed on or after June 1, 2016, in each case together with all accrued and unpaid dividends to but excluding the date of redemption.

Prospectus:
» Cumulative Redeemable Preferred Shares Series 1

Financial Information & News Releases

2008
» 2008 Second Quarter Financial Statements
» 2008 Second Quarter MD&A
» CU Inc. Eligible Dividend
» CU Inc. announces debenture issues
» CU Inc. announces the filing of a preliminary base shelf prospectus
» 2008 First Quarter Financial Statements
» 2008 First Quarter MD&A
» CU Inc. Eligible Dividend
» Alberta Power (2000) Reports Battle River Generating Station Resumes Full Operations
» Alberta Power (2000) Reports Unplanned Outage at Battle River Generating Station
» CU Inc. Eligible Dividend

2007
» 2007 Consolidated Financial Statements
» 2007 Management's Discussion & Analysis
» 2007 Annual Information Form
» CU Inc. Announces Debenture Issues
» CU Inc. Eligible Dividend
» 2007 Third Quarter Financial Statements
» 2007 Third Quarter MD&A
» CU Inc. Eligible Dividend
» 2007 Second Quarter Financial Statements
» 2007 Second Quarter MD&A
» 2007 First Quarter Financial Statements
» 2007 First Quarter MD&A
» CU Inc. Announces Preferred Share Issue

2006
» 2006 Consolidated Financial Statements
» 2006 Management's Discussion & Analysis
» 2006 Annual Information Form
» CU Inc. Announces Debenture Issue
» 2006 Third Quarter Financial Statements
» 2006 Third Quarter MD&A
» 2006 Second Quarter Financial Statements
» 2006 Second Quarter MD&A
» 2006 First Quarter Financial Statements
» 2006 First Quarter MD&A
» CU Inc. Files Preliminary Base Shelf Prospectus

2005
» 2005 Annual Financial Statements
» 2005 Management's Discussion and Analysis
» 2005 Annual Information Form
» CU Inc. Announces Debenture Issue
» 2005 Third Quarter Financial Statements
» 2005 Third Quarter MD&A
» 2005 Second Quarter Financial Statements
» 2005 Second Quarter MD&A
» 2005 First Quarter Financial Statements
» 2005 First Quarter MD&A

2004
» 2004 Annual Financial Statements
» 2004 Management's Discussion & Analysis
» 2004 Annual Information Form
» 2004 Third Quarter Financial Statements
» 2004 Third Quarter MD&A
» CU Inc. Announces Debenture Issue
» 2004 Second Quarter Financial Statements
» 2004 Second Quarter MD&A
» 2004 First Quarter MD&A and Financial Statements
» CU Inc. Announces Debenture Issue
» CU Inc. Announces Filing of Preliminary Short Form Shelf Prospectus

2003
» 2003 Annual Financial Statements
» 2003 Management's Discussion & Analysis
» 2003 Annual Information Form
» 2003 Third Quarter Unaudited Financial Statements
» 2003 Third Quarter MD&A
» 2003 Second Quarter Unaudited Financial Statements
» 2003 Second Quarter MD&A
» 2003 First Quarter Unaudited Financial Statements
» 2003 First Quarter MD&A