Shaw announces proposed two-for-one stock split

CALGARY – Shaw Communications Inc. announced Thursday it plans to implement a two-for-one stock split of its issued and outstanding Class A participating shares and Class B non-voting participating shares. The split has already been approved by company’s board of directors, but it must still be approved by shareholders at a special meeting in Calgary on July 10, 2007. It is also subject to regulatory approval. The expected date of the stock split is July 30, if all approvals are received.