ST. JOHN'S, NEWFOUNDLAND and LABRADOR--(CCNMatthews - May 1, 2007) - Fortis Inc. (TSX:FTS) will hold its Annual Meeting of Shareholders on Tuesday, May 8, 2007 at 10:30 a.m. (Newfoundland time), 9:00 a.m. (EDT), at the Delta St. John's Hotel and Conference Centre, 120 New Gower Street, St. John's, NL.
The presentation that will be given during the meeting will be webcast on the Fortis Inc. website at www.fortisinc.com.
Mr. H. Stanley Marshall, President and Chief Executive Officer, Fortis Inc., will review the important events of the past year. Mr. Barry V. Perry, Vice President Finance and Chief Financial Officer, Fortis Inc., will review the financial performance of the Corporation in 2006 and provide an overview of results for the first quarter 2007.
WHAT: Annual Meeting of Shareholders of Fortis Inc. WHERE: Delta St. John's Hotel and Conference Centre 120 New Gower Street, NL WHEN: Tuesday, May 8, 2007 at 10:30 a.m. (Newfoundland time), 9:00 a.m. (EDT)
Fortis Inc. is principally a diversified international distribution utility holding company with assets of approximately $5.5 billion and annual revenues of approximately $1.5 billion. Fortis has holdings in regulated electric distribution utilities in Alberta, British Columbia, Newfoundland, Ontario, Prince Edward Island, Belize, Grand Cayman and the Turks and Caicos Islands. It has non-regulated generation operations in Belize, Ontario, Newfoundland, British Columbia and Upper New York State. Fortis also has investments in real estate and hotels through its wholly owned non-utility subsidiary.
The Common Shares; First Preference Shares, Series C; First Preference Shares, Series E; First Preference Shares, Series F and Subscription Receipts of Fortis are traded on the Toronto Stock Exchange under the symbols FTS, FTS.PR.C, FTS.PR.E, FTS.PR.F and FTS.R, respectively. Fortis information can be accessed at www.fortisinc.com or www.sedar.com.
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Manager, Investor and Public Relations