News Item

Canadian Utilities Limited Eligible Dividends
Author: Marketwire
CANADIAN UTILITIES LIMITED
OCT 21, 2009 - 11:43 ET

CALGARY, ALBERTA--(Marketwire - Oct. 21, 2009) - The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends:




Shares               TSX Stock       Dividend    Record Date   Payment Date
                        Symbol   Per Share ($)         (2009)         (2009)
----------------------------------------------------------------------------
Class A Non-Voting          CU         0.3525         09-Nov         01-Dec
Class B Common            CU.X         0.3525         09-Nov         01-Dec
Series W 5.80%         CU.PR.A         0.3625         09-Nov         01-Dec
Series X 6.00%         CU.PR.B         0.3750         09-Nov         01-Dec

These dividends are eligible dividends for Canadian income tax purposes.

Alberta-based Canadian Utilities Limited, with more than 7,700 employees and assets of approximately $9.0 billion, 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 and midstream services), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.canadian-utilities.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.

Canadian Utilities Limited
K.M. (Karen) Watson
Senior Vice President & Chief Financial Officer
(403) 292-7502
www.canadian-utilities.com

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