Shaw Communications Inc.

Shaw Communications Inc.

October 26, 2005 17:32 ET

Shaw Communications Declares Monthly Dividends

CALGARY, ALBERTA--(CCNMatthews - Oct. 26, 2005) - Shaw Communications Inc. (TSX:SJR.NV.B) (NYSE:SJR) announced today that its Board of Directors has declared monthly dividends of $0.03375 per Class A Participating Share and $0.0341666667 per Class B Non-Voting Participating Share, payable on each of December 30, 2005, January 31, 2006 and February 28, 2006, to all holders of record at the close of business December 15, 2005, January 15, 2006 and February 15, 2006 respectively.

Shaw's Board of Directors reviews the applicable dividend rates on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by Shaw's Board of Directors, and there is no entitlement to any dividend prior thereto.

Shaw Communications Inc. is a diversified Canadian communications company whose core business is providing broadband cable television, Internet, Digital Phone, telecommunications services (through Big Pipe Inc.) and satellite direct-to-home services (through Star Choice Communications Inc.) to approximately 3.0 million customers. Shaw is traded on the Toronto and New York stock exchanges and is a member of the S&P/TSX 60 index (Symbol: TSX - SJR.NV.B, NYSE - SJR).

Contact Information

  • Shaw Communications Inc.
    Steve Wilson
    Senior Vice President, Chief Financial Officer
    (403) 750-4500