Tonbridge Power Inc.
TSX VENTURE : TBZ

Tonbridge Power Inc.

November 27, 2007 09:00 ET

AEUB Concludes Hearing on Tonbridge Power's MATL Line

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2007) - Tonbridge Power Inc. (TSX VENTURE:TBZ) 100% controlling shareholder of Montana Alberta Tie Ltd. ("MATL"), a company developing a transmission line project to interconnect the electricity markets of Alberta and the United States through a 300 MW transmission line between Lethbridge, Alberta and Great Falls, Montana (the "MATL Project"), is pleased to report that the Alberta Energy Utilities Board, (AEUB), concluded its hearing regarding the MATL project last week on November 21, 2007.

The hearing commenced October 31, 2007 and was convened to consider three separate applications that were all part of the MATL project. They included:

- MATL's Facility Application for a permit to construct and license to operate a transmission line.

- AltaLink's Facility Application for a permit to construct and license to operate facilities to interconnect the MATL project to the Alberta Interconnected Electrical System.

- The Alberta Electricity System Operator's, (AESO), Needs Identification Document that sets out the analysis and mitigation that MATL will be required to undertake to interconnect its transmission line to the Alberta Interconnected Electricity System in a way that ensures that there is no resulting harm or degradation of reliability to the system.

To review the applications before it, the AEUB introduced at the hearings commencement a completely fresh and independent panel that included John Curran Esq. (Presiding Member), Donna Tingley, (Panel Member) and Jim Turner (Panel Member). The panel was advised by Bill Kennedy as AUEB Counsel.

Debate throughout the hearing was civil with the panel seeking out and reviewing information and views from all participants. In doing so all interveners' and interested parties were afforded a voice. Ultimately every attempt was made to ensure that this hearing was a thoroughly transparent and open process.

In his closing remarks the Presiding Member Mr John Curran stated, " the quality and level of advocacy that this Panel has received has been extremely high." He also remarked that, "We have good evidence, a great record."

Tonbridge sees the orderly conclusion of these hearings as the hallmark of a sound regulatory process and looks forward to receiving the board's decision.

Tonbridge Power Inc. is a Toronto-based developer of electrical transmission assets, whose principle asset is a 100% interest in Montana Alberta Tie Ltd. Shares of the Company are traded on the TSX Venture Exchange under the symbol "TBZ".

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