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ENMAX responds to Alderman Colley-Urquhart's suggestion of improprieties

/ Calgary

The media recently reported that Alderman Colley-Urquhart has received information about activities at ENMAX that may involve improprieties. Various news reports also indicated that Alderman Colley-Urquhart has provided this information to the Calgary Police Service.

ENMAX Corporation has no knowledge of the content of these allegations.

We have attempted to contact the Alderman but have not received a reply.

ENMAX is committed to the highest ethical standards in our operations.

Our Board Audit and Finance Committee, chaired by Mr. Greg Melchin, has a mandate to ensure that all financial matters of the corporation are handled appropriately. Further, ENMAX has an ethics hotline and an internal auditor to address any ethical issues. Once we understand the nature of these allegations, we will conduct a thorough investigation and respond with appropriate actions.

About ENMAX Corporation

ENMAX Corporation, through subsidiaries and predecessors, has provided Albertans with safe and reliable electricity for more than 100 years. ENMAX Corporation provides electricity, natural gas and value-added services to more than 660,000 residential, commercial and industrial metered customer locations in Alberta. ENMAX Energy Corporation, a subsidiary of ENMAX Corporation, is Alberta’s leading competitive electricity retailer. Through subsidiaries, ENMAX Energy is one of Alberta’s largest investors in renewable energy and was the first Canadian electricity retailer to offer customers the option to support wind generated energy. As well, ENMAX Corporation, through its subsidiary ENMAX Envision Inc., provides fibre optic networks for high speed data and internet communications.

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MEDIA CONTACT

Doris B. Kaufmann
Senior Media Relations Advisor
ENMAX Corporation
403-689-6150
mediaroom@enmax.com

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