TORONTO - Moody's Investors Service has rated Shaw Communication’s senior unsecured component of $2.5 billion multiple seniority shelf registration Baa3, while the preferred share component was rated Ba1. The shelf registration was filed on March 11, 2009. Moody's also affirmed Shaw's existing Baa3 senior unsecured rating along with its ‘stable’ outlook. www.moodys.com www.shaw.ca