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Warrants Alert

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Address: Box 4085 Stn a, 2600 - 40 King St W
Toronto ON M5W 2X6
Phone: 416 863 7893
Fax: 416 863 7425
Warrant Symbol - UTC.WT
Number  Trading - 2,543,718
Expiration Date - March 21, 2011
Cusip - 917912 11 5
Exercise Price - $19.26
Warrants called to trade news

Utility to list 2.54 million warrants Sept. 14

2010-09-08 15:27 MT - Warrants Called to Trade
TSX bulletin 2010-1042
Holders of Class C shares (symbol: UTC.C) of Utility Corp. of record at the close of business (Toronto time) on Sept. 16, 2010, will be issued warrants, on the basis of one warrant for each share held. Each whole warrant entitles the holder to purchase one share at a price of $19.26 on or before 5 p.m. (Toronto time) on March 21, 2011.

The shares of the company will commence trading on an ex distribution basis at the opening on Sept. 14, 2010, at which time up to 2,543,718 warrants will be posted for trading on a when-issued basis, under the following trading information:

Symbol: UTC.WT
Cusip: 917912 11 5
Trading currency: Canadian
Designated market-maker: W.D. Latimer Co. Ltd.
Other markets: None

Additional information on the warrant offering may be found in the company's short-form prospectus dated Sept. 3, 2010, which is available at SEDAR. Capitalized terms used but not otherwise defined are as defined in the prospectus.

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