ATCO to Supply 1,700-Person Workforce Accommodation for Queensland Curtis LNG Project

CALGARY, ALBERTA--(Marketwire - May 17, 2011) - ATCO Structures & Logistics (ATCO) has begun construction of a 1,700-person workforce accommodation facility for the Queensland Curtis LNG Project (QCLNG) operated by QGC Pty Limited, a BG Group business. The construction camp (http://www.atcosl.com/en-ca/Products-and-Services/Solution/Workforce-Housing.htm) will provide accommodation and recreational amenities for the workforce constructing QGC's liquefied natural gas processing plant on Curtis Island, Queensland. The contract for the temporary accommodation village was awarded by Bechtel, the engineering firm hired by QGC to manage the project.

"ATCO is pleased to have been chosen by Bechtel to provide modular accommodation during the construction of this project, which is significant not only for the Gladstone community, but for Queensland and Australia as well," said Harry Wilmot, President & Chief Operating Officer, ATCO Structures & Logistics. "We believe our global experience in building workforce accommodation will ensure we provide a safe, comfortable environment to house the workers building the plant."

The 800 modular units comprising the construction camp will be built at ATCO's manufacturing plant in Brisbane and transported to Curtis Island and installed by ATCO. The camp has been designed to meet the strict environmental standards established for the QCLNG project. The construction village (http://www.atcosl.com/en-ca/Products-and-Services/Solution/Workforce-Housing.htm) will include comfortable sleeping quarters with TVs and internet connectivity, a kitchen, dining room, laundry area and recreational amenities, including a swimming pool, golf and cricket nets.

ATCO Structures & Logistics offers modular buildings (http://www.atcosl.com/en-ca/Products-and-Services/Solution/pre-fabricated-modular-buildings.htm) and operational support solutions worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. To learn more visit www.atcosl.com.

ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 7,700 employees and assets of approximately $10 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.atco.com.

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Corporation believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.