CU.PR.D Canadian Utilities Limited

The Board of Directors of Canadian Utilities Limited has declared the following
quarterly dividends:




                                          Dividend                          
                             TSX Stock   Per Share  Record Date Payment Date
Shares                          Symbol         ($)       (2014)       (2014)
----------------------------------------------------------------------------
Class A non-voting                  CU      0.2675       09-May       01-Jun
Class B common                    CU.X      0.2675       09-May       01-Jun
Series Y 4.00%                 CU.PR.C      0.2500       09-May       01-Jun
Series AA 4.90%                CU.PR.D     0.30625       09-May       01-Jun
Series BB 4.90%                CU.PR.E     0.30625       09-May       01-Jun
Series CC 4.50%                CU.PR.F     0.28125       09-May       01-Jun
Series DD 4.50%                CU.PR.G     0.28125       09-May       01-Jun



These dividends are eligible dividends within the meaning of the Income Tax Act
(Canada). 


Canadian Utilities Limited, an ATCO company, has a Dividend Reinvestment Plan
(DRIP) available to eligible holders of Class A non-voting shares and Class B
common shares. Eligible shareholders may reinvest the cash dividends paid on
their common shares to purchase new Class A non-voting shares from treasury at a
two percent discount to the volume weighted average price as defined in the
DRIP. For more information visit: www.canadianutilities.com or the CST Trust
Company website at www.canstockta.com.


ATCO Ltd., as controlling shareholder of Canadian Utilities, intends to
participate in the DRIP to maintain its controlling interest in the company.


Canadian Utilities Limited, with more than 7,400 employees and assets of
approximately $15 billion, delivers service excellence and innovative business
solutions worldwide with leading companies engaged in Utilities (pipelines,
natural gas and electricity transmission and distribution), Energy (power
generation, natural gas gathering, processing, storage and liquids extraction)
and Technologies (business systems solutions). More information can be found at
www.canadianutilities.com. 


Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking
statements. Forward-looking statements are often, but not always, identified by
the use of words such as "anticipate", "plan", "expect", "may", "will",
"intend", "should", and similar expressions. These statements involve known and
unknown risks, uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such forward-looking
statements. The Corporation believes that the expectations reflected in the
forward-looking statements are reasonable, but no assurance can be given that
these expectations will prove to be correct and such forward-looking statements
should not be unduly relied upon.


The Corporation's actual results could differ materially from those anticipated
in these forward-looking statements as a result of regulatory decisions,
competitive factors in the industries in which the Corporation operates,
prevailing economic conditions, and other factors, many of which are beyond the
control of the Corporation.  


The forward-looking statements contained in this news release represent the
Corporation's expectations as of the date hereof, and are subject to change
after such date. The Corporation disclaims any intention or obligation to update
or revise any forward-looking statements whether as a result of new information,
future events or otherwise, except as required under applicable securities
regulations.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Utilities Limited
B.R. (Brian) Bale
Senior Vice President & Chief Financial Officer
(403) 292-7502

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