News

AltaGas Income Trust announces appointment of two new directors

March 16, 2005


CALGARY--(CCNMatthews - March 16) - AltaGas Income Trust (TSX:ALA.UN) is 
pleased to announce that Mr. Allan L. Edgeworth and Mr. Robert B. Hodgins 
have been appointed Directors of AltaGas General Partner Inc., the delegate 
of the Trustee of AltaGas Income Trust, effective March 2, 2005. Both Mr. 
Edgeworth and Mr. Hodgins bring extensive industry experience to AltaGas.

Mr. Edgeworth was the President and CEO of Alliance Pipeline from 2001 until 
December 2004. Mr. Edgeworth joined Alliance Pipeline in 1998 as Executive 
Vice President and Chief Operating Officer. Prior to that, Mr. Edgeworth 
spent almost 20 years with Westcoast Energy where he held various positions 
including Vice President of Pipeline Operations and Senior Vice President of 
Regulatory Affairs.

Mr. Hodgins recently retired from a full time executive role following a 
career that spanned more than 25 years with several senior Canadian 
corporations. Most recently, he served as the Chief Financial Officer of 
Pengrowth Energy Trust from 2002 to 2004. Prior to that, Mr. Hodgins held the 
position of Vice President and Treasurer of Canadian Pacific Limited from 
1998 to 2002 and was Chief Financial Officer of TransCanada Pipelines Limited 
from 1993 to 1998. Mr. Hodgins is a trustee of Calpine Power Income Fund and 
a director of Enerflex Systems Ltd.

David Cornhill, Chairman and Chief Executive Officer, said "I am extremely 
pleased to welcome Mr. Edgeworth and Mr. Hodgins to the Board of Directors. 
Their knowledge and experience will enhance our already strong Board of 
Directors."

AltaGas moves energy from its source to the end user, adding value through 
the process. The Trust has consolidated assets totalling over $1 billion and 
a market capitalization of approximately $1.2 billion. Its steadily expanding 
asset base today includes natural gas gathering and processing facilities, 
interests in ethane and natural gas liquids extraction plants, and 
transmission pipelines. AltaGas distributes natural gas to Alberta customers 
through AltaGas Utilities Inc., to customers in the Northwest Territories 
through the Ikhil Gas Project and distributes gas in Nova Scotia through its 
interest in Heritage Gas Limited. The Trust provides energy services to 
customers, including marketing of natural gas and natural gas liquids and the 
sale of power from its power purchase based arrangements.

AltaGas' Trust Units are listed on the Toronto Stock Exchange under the 
symbol ALA.UN. The Trust is included in the S&P/TSX Capped Income Trust Index 
and the S&P/TSX Capped Energy Trust Index.

When used in this news release, the words "anticipate," "estimate," and 
similar expressions are intended to identify forward-looking statements. Such 
statements are subject to certain risks, uncertainties and assumptions that 
could cause actual results to differ materially from those contemplated in 
the forward-looking statements. These risks and uncertainties include 
operating performance, regulatory and environmental issues, weather and 
economic conditions, competition and financing availability. For additional 
information on these and other factors see the reports filed by AltaGas with 
Canadian securities regulators. AltaGas disclaims any intention or obligation 
to update or revise any forward looking information whether as a result of 
new information or future event.
Media:
Dennis Dawson
(403) 691-7534
Email: dennis.dawson@altagas.ca


or


Investment Community:
Debbie Stein
(403) 269-5683
Email: debbie.stein@altagas.ca
Website: www.altagas.ca


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