Montana Alberta Tie Receives Final Canadian Approval



    Alberta Energy and Utilities Board Gives Conditional Approval to Build
    Canada's First International Merchant Power Line

    CALGARY, Feb. 1 /CNW/ - Montana Alberta Tie Ltd. (MATL) has received the
final Canadian go-ahead to build and operate a 346km, 230kV AC power line from
Lethbridge, Alberta to Great Falls, Montana. On January 31, the Alberta Energy
and Utilities Board (EUB) gave conditional approval to build the Canadian
portion of the line.
    "We are very pleased to receive the EUB's approval, a major step in
moving the project forward," said Mr. Bob Williams, MATL Vice President,
Regulatory. Among the conditions, the EUB has directed MATL to conduct further
discussions with affected landowners to address the mitigation of specific
impacts on individual landowners. "We heard the landowner concerns during the
public hearing in November. We made commitments to the landowners on a
resolution process and we are ready to live up to those commitments beginning
immediately," said Mr. Williams. MATL must report back to the EUB by April 30,
2008.
    The MATL line received National Energy Board (NEB) approval in April 2007
and Federal Energy Regulatory Commission (FERC) approval in the United States
in July 2006. US Department of Energy (DOE) is the final regulatory approval
required before construction can begin. An Environmental Impact Assessment is
scheduled for release in the next several weeks followed by a public comment
period before the DOE can release its decision.
    The MATL line ties together the Alberta and Montana power grids bringing
much needed transmission capacity to Alberta and providing access to the grid
for a number of proposed major wind power projects in Northern Montana. As a
merchant power line MATL will pay to build and operate the line. There will be
no cost to utility rate payers.

    About Montana Alberta Tie Ltd.

    Montana Alberta Tie Ltd. is a Calgary based company formed to build and
operate the Montana Alberta Tie. The company's management team has more than
100 years experience in the Alberta power industry. Montana Alberta Tie Ltd.
(www.matl.ca) is 100% controlled by Tonbridge Power Inc.

    About Tonbridge Power Inc.

    Tonbridge Power Inc. (TSX VENTURE: TBZ) is a Toronto based investor in
power projects, whose principle asset is the 100% controlling interest in
Montana Alberta Tie Ltd. For more information please go to
www.tonbridgepower.com





For further information:

For further information: Shael Gelfand, Peak Communicators, (403)
240-7860, (403) 818-8849 (cell), sgelfand@peakco.com; Dixie Baum, Peak
Communicators, (403) 240-7863, (403) 808-8822, dbaum@peakco.com

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MONTANA ALBERTA TIE LTD.

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