CU Inc. Eligible Dividends

Press Release

CALGARY, Alberta – CU Inc. (TSX: CIU.PR.A, CIU.PR.C)

The Board of Directors of CU Inc. has declared the following Cumulative Redeemable Preferred Share dividends:

Shares		TSX Stock	Dividend	Record Date	Payment Date
		Symbol	Per Share ($)	(2019)	(2019)
Series 1	4.60%	CIU.PR.A	0.28750	07-Nov	01-Dec
Series 4	2.243%	CIU.PR.C	0.1401875	07-Nov	01-Dec

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, an ATCO company. CU Inc. is an Alberta-based corporation with approximately 3,500 employees and assets of $16 billion; comprised of rate-regulated utility operations in 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.

Media & Investor Inquiries:

D. A. (Dennis) DeChamplain

Executive Vice President &

Chief Financial Officer

403-292-7502

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