ATCO Signs Joint-Venture Agreement With Haisla First Nation

CALGARY, ALBERTA--(Marketwire - July 13, 2011) - ATCO Structures & Logistics today announced that it has entered into a joint-venture agreement with the Haisla First Nation near Kitimat, B.C. The agreement will directly benefit the Haisla people.

"The joint-venture agreement with the Haisla First Nation will lead to employment and training for the Haisla people," said Harry Wilmot, President & Chief Operating Officer, ATCO Structures & Logistics. "We look forward to a long-term positive relationship and the creation of mutual opportunities."

In March, ATCO Structures & Logistics announced that it is working with the Haisla First Nation to build a 1,500-person workforce housing project for Rio Tinto Alcan Inc. Today's joint-venture agreement will lead to other significant projects in the Haisla traditional territory.

"This joint venture with ATCO is another economic opportunity that will improve the lives of our people through employment and economic activity," said Chief Ellis Ross, Haisla Nation. "ATCO is a respectful partner and we look forward to a long and mutually beneficial relationship."

ATCO is committed to working collaboratively and effectively with Aboriginal communities across Canada, providing local employment wherever possible. ATCO strives to build sincere, mutually beneficial relationships based on respect, trust, understanding and transparency.

ATCO Structures & Logistics offers modular buildings, site services solutions, and industrial noise control worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. To learn more visit www.atcosl.com.

ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 7,700 employees and assets of approximately $10 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, natural gas gathering, processing, storage and liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.atco.com.

The Haisla Nation is 1,580 people strong, with approximately 800 living at Kitamaat Village at the head of the Douglas Channel on the northern B.C. coast. The Haisla encourage economic opportunity based on mutual respect and understanding with its business partners.

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.