For Immediate Release
January 11, 2012

News Release

ATCO LTD.

Corporate Head Office: 1400, 909 - 11 Avenue S.W., Calgary, Alberta T2R 1N6 Tel: (403) 292-7500

ATCO PlAy yOur PArT ArT COnTesT CelebrATes nOrThern CulTure

WHITEHORSE, Yukon - As a Legacy Sponsor of the 2012 Arctic Winter Games and Presenting Sponsor of the Arctic Games Cultural Showcase, ATCO Group is inviting youth from across the Yukon Territory to share their artistic talents by participating in the ATCO Play Your Part Art Contest. ATCO is giving away $24,000 in prize money that can be used toward a cultural or artistic activity in the classroom. There are two divisions with 12 winners in each division - one division representing grades one to 12 for schools in Whitehorse and one Communities division for grades one to 12 outside of the Yukon capital.
"In addition to supporting great sporting competitions from across the circumpolar communities, ATCO is excited to share the artistic talents of our youth in the Yukon as they capture the spirit of the Arctic Winter Games and their pride of Northern culture," said Nancy Southern, President & Chief Executive Officer, ATCO Group. "The people of ATCO, who live and work in the North, are pleased to once again sponsor the Arctic Winter Games as we celebrate athletic competition and the diverse culture and heritage in our Northern communities."
Students are invited to create their individual artwork on a 9"x12" paper, supplied in the starter kits provided to all participating Yukon schools. Schools must then choose one submission to represent each grade. The ATCO Play Your Part Contest closes on January 31, 2012. The 24 winning classrooms will receive $1000 to be used toward any one of the following activities: a classroom field trip; a cultural performer that can share song, dance or art with the classroom; or a gift certificate to purchase art supplies for future art projects.
As Presenting Sponsor of the Cultural Showcase, ATCO Group will display all 24 winning entries at the Yukon Arts Centre during the 2012 Arctic Winter Games from March 4 - 10, 2012. Official contest rules are available at www. yukonelectrical.com.
Yukon Electrical is part of the ATCO Group of Companies. ATCO Group, with more than 8,000 employees and approximately $12 billion in assets, 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 liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions).
For more information on how your school can participate, please contact: Laura Carlson
Corporate Communications Advisor Yukon Electrical Company Limited An ATCO Company
Ph: (867) 633-7010
Email: laura.carlson@atco.com

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "plan", "expect", "may", "will", "intend", "should", and similar expressions. These statements involve 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 statements. The Corporation believes that the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. The Corporation's actual results could differ materially from those anticipated in these forward-looking statements as a result of regulatory decisions, competitive factors in the industries in which the Corporation operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Corporation. The forward-looking statements contained in this news release represent the Corporations' expectations as of the date hereof, and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

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