AltaGas Utility Group Inc.
TSX : AUI

AltaGas Utility Group Inc.

May 16, 2008 23:59 ET

AltaGas Utility Group Inc. Announces Resignation of Chief Financial Officer

CALGARY, ALBERTA--(Marketwire - May 16, 2008) - AltaGas Utility Group Inc. (Utility Group) (TSX:AUI) today announced that Dimitrios (Jim) Leonidas, Chief Financial Officer and Corporate Secretary, has tendered his resignation effective June 13, 2008 to pursue another business opportunity.

"During his one and one half years at Utility Group, Jim provided us with strong leadership and we wish him success" said Patricia Newson, President and Chief Executive Officer. "We have begun the search for a new Chief Financial Officer".

AltaGas Utility Group Inc. is a publicly traded company holding interests in AltaGas Utilities Inc., Heritage Gas Limited and Inuvik Gas Ltd. Combined, these regulated natural gas distribution businesses serve more than 66,000 customers in three areas of Canada through an infrastructure of nearly 20,000 kilometres of pipelines. Utility Group intends to pursue opportunities to invest in infrastructure-based utility and related businesses with long-term, stable returns.

Utility Group's 8.2 million common shares began trading on the Toronto Stock Exchange under the symbol AUI on November 17, 2005.

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