CALGARY, ALBERTA -- (Marketwire) -- 01/10/13 -- The Board of Directors of CU Inc. has declared the following quarterly dividends:

                      TSX Stock       Dividend    Record Date   Payment Date
Shares                   Symbol  Per Share ($)         (2013)         (2013)
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Series 1 4.60%         CIU.PR.A        0.28750         07-Feb         01-Mar
Series 2 6.70%         CIU.PR.B        0.41875         07-Feb         01-Mar
Series 4 3.80%         CIU.PR.C        0.23750         07-Feb         01-Mar

These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).

CU Inc. is a wholly owned subsidiary of Canadian Utilities Limited, part of the ATCO Group of Companies. An Alberta-based corporation with assets of approximately $9 billion and more than 4,700 employees, CU Inc. is comprised of rate regulated utility operations in pipelines, natural gas and electricity transmission and distribution. More information about CU Inc. can be found on the Canadian Utilities Limited website at www.canadianutilities.com.