Shaw to Acquire ENMAX Envision

CALGARY, April 8, 2013 /CNW/ – Shaw Communications Inc. (“Shaw”) (TSX:SJR.B) (NYSE:SJR) today announced that it has entered into agreements to acquire ENMAX Envision Inc. (“Envision”) from ENMAX Corporation (“ENMAX”) for approximately $225 million (the “Transaction”). Envision is ENMAX Corporation’s high-speed data communications subsidiary, operating one of Calgary’s largest fibre-optic networks and specializing in providing large bandwidth solutions to businesses that require a dedicated internet connection or need to connect multiple locations over private networks.

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