Canadian Hydro Developers, Inc.

Canadian Hydro Developers, Inc.

October 31, 2007 12:11 ET

Canadian Hydro Announces New Chief Operating Officer

CALGARY, ALBERTA--(Marketwire - Oct. 31, 2007) - Canadian Hydro Developers, Inc. (TSX:KHD) is pleased to announce that K. James (Jamie) Urquhart, P.Eng, MBA has joined Canadian Hydro as Chief Operating Officer. With the addition of Jamie to Canadian Hydro, Ross Keating's new title is President, Operations & Development and Jamie reports directly to him.

As part of the executive team, Jamie is accountable for providing strategic leadership to the organization. He is directly accountable for the financial and operational performance of the company's business divisions. He is also responsible for ensuring the appropriate infrastructures and resources are in place to support the continuous growth of the organization. The managers of the Wind, Hydro and Thermal Divisions, Environmental Affairs and Technical Support groups report directly to Jamie.

Jamie is a professional engineer and holds an undergraduate degree in Mechanical Engineering from the University of Calgary and an MBA from the University of Alberta. Jamie has an extensive background in the energy industry, having worked as a Project Engineer/Planning Consultant, as a Manager of Power Services and, most recently, as a regional Vice President at an oil & gas infrastructure company.

"We are pleased to have attracted a person of Jamie's caliber to Canadian Hydro", said Ross Keating. "With the current and projected growth of our company, we are adding new depth to the executive team to ensure that we can sustain the pace that we are on." When asked what attracted him to Canadian Hydro, Jamie said: "I had a positive impression about Canadian Hydro's reputation as a leader in the Canadian renewable energy industry and believe renewable energy will play an integral part of meeting Canada's future energy requirements."

Canadian Hydro Developers, Inc. is passionate about building a sustainable future for our children and grandchildren. Canadian Hydro is a developer, owner, and operator of 19 power generation facilities totaling net 265 MW in operation and has an additional 403 MW in and nearing construction. The renewable generation portfolio is diversified across three technologies (water, wind, and biomass) in the provinces of British Columbia, Alberta, and Ontario. This portfolio is unique in Canada as all facilities are certified, or slated for certification, under Environment Canada's EcoLogoM Program.

Common shares outstanding: 132,974,973

The Toronto Stock Exchange has neither reviewed nor approved this press release.

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