Shaw Reports Recovery Progress and Apologizes for Impact of Explosion on Customers and the Public

CALGARY, ALBERTA--(Marketwire - July 17, 2012) - Shaw Communications (TSX:SJR.B)(NYSE:SJR) continues to work with its customers and tenants to fully restore services following last week's explosion and fire at Shaw Court.

"We know many people have been affected by this incident in different ways, and we are sorry for the impact caused," said Peter Bissonnette, President, Shaw Communications Inc. "We understand the frustration that this incident has had on our customers, tenants and many Albertans as a result of last week's fire."

Members of the media, customers and the general public can stay up to date on operations, customer service and other important information via updates on www.shaw.ca.

As a result of significant damage from the building's fire suppression systems, 900 Shaw Court employees will be temporarily relocated throughout the city at Shaw's seven other building locations. Employees will be relocated for several months during restoration efforts to allow for business continuity.

"We've been putting our customers first since day one, will continue to do so and we are fully open for business," said Bissonnette. "We again thank everyone for their patience and want to ensure the community that we will work tirelessly to make this right."

In addition to information on Shaw's website, customers can call 310-SHAW, visit retail locations at Barlow and Sunridge Mall in Calgary, connect through online chat or via social media.

For more information please visit www.shaw.ca.

About Shaw Communications Inc.

Shaw Communications Inc. is a diversified communications and media company, providing consumers with broadband cable television, High-Speed Internet, Home Phone, telecommunications services (through Shaw Business), satellite direct-to-home services (through Shaw Direct) and engaging programming content (through Shaw Media). Shaw serves 3.4 million customers, through a reliable and extensive fibre network. Shaw Media operates one of the largest conventional television networks in Canada, Global Television, and 18 specialty networks including HGTV Canada, Food Network Canada, History Television and Showcase. Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index (TSX:SJR.B) (NYSE:SJR). For more information about Shaw, please visit www.shaw.ca.