Cypress Makes Early Warning Report

VANCOUVER, Sept. 18 /CNW/ - Cypress Capital Management Limited ("Cypress") today announced that as a result of the disposition of 740,407 shares, Cypress, on behalf of its clients, now has direction over:

    
    -   23,368 shares (or .002% of the outstanding shares calculated on a
        fully diluted basis) of AltaGas Utility Group Inc. (T.AUI).
    

The disposition of these securities by Cypress, on behalf of its clients, was made in the ordinary course of business for investment purposes and was not for the purpose of influencing the control or direction of AltaGas Utility Group Inc. (T.AUI).

SOURCE CYPRESS CAPITAL MANAGEMENT LIMITED

For further information: For further information: Dean Alexander, Chief Compliance Officer, Cypress Capital Management Limited, (604) 659-1850

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CYPRESS CAPITAL MANAGEMENT LIMITED

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