Tonbridge Power Inc.
TSX VENTURE : TBZ

Tonbridge Power Inc.

August 13, 2008 09:00 ET

Tonbridge Power Receives Final AEUB Permit for MATL

TORONTO, ONTARIO--(Marketwire - Aug. 13, 2008) - Tonbridge Power Inc. (TSX VENTURE:TBZ), ("Tonbridge Power" or the "Company"), 100% controlling shareholder of the Montana Alberta Tie Ltd. ("MATL") transmission line project to interconnect the electricity markets of Alberta and the US through a 300 MW transmission line is pleased to announce that today the Alberta Energy and Utilities Board (EUB) granted MATL a permit to construct and license to operate a 346km, 230kV AC (alternating current) international power line (IPL) from the County of Lethbridge, Alberta to a substation near Great Falls, Montana. The EUB ruled that MATL has met all the conditions imposed when it granted conditional approval of the line on January 31, 2008.

The EUB approval is the final major Canadian regulatory requirement for the MATL transmission line. The other important Canadian permit for a cross border transmission line from the National Energy Board was granted to MATL on April 4, 2007.

"We are very pleased to receive the EUB's approval," said Mr. Bob Williams, MATL Vice President Regulatory. "We are appreciative of all landowners who have and continue to meet and work with us." An EUB condition required MATL to engage directly-impacted landowners in a formalized alternative dispute resolution process to reconcile any unresolved issues. The Company continues to engage in this manner with all Canadian landowners that might be affected.

The US regulatory approval process continues to progress as well. A joint Montana Department of Environmental Quality (MDEQ) and US Department of Energy (DOE) final Environmental Impact Assessment (EIS) is expected to be released shortly, which will identify the final route, thus clearing the way for the issuing of final US permits approving construction and operation of the MATL line in Montana. Once the DOE and MDEQ have finished their process and issued their decision, surveying, geotech work, final pole design and placement decisions can be taken followed by preliminary construction along the MATL line where land rights of way have been negotiated and secured.

"I am very appreciative of the care and diligence that the Board took in considering our application." said Johan van't Hof, CEO. "As we move forward in designing, surveying and building this project, we will take significant care to be an outstanding corporate citizen."

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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