CALGARY, ALBERTA--(Marketwire - Dec. 10, 2007) - AltaGas Income Trust (AltaGas or the Trust) (TSX:ALA.UN) today announced the appointment of Neil McCrank, Q.C., P.Eng. to the Board of Directors of AltaGas General Partner Inc., effective December 10, 2007.

Mr. McCrank was most recently Chairman of the Alberta Energy and Utilities Board (EUB) - a position he held from 1998 to 2007.

"It gives me great pleasure to welcome Mr. McCrank to the Board of Directors of AltaGas," said David Cornhill, Chairman, President and CEO of AltaGas. "Mr. McCrank is among the most experienced leaders in the Canadian energy industry and I am confident he will make an excellent addition to our Board as we position AltaGas for continued growth."

As Chairman of the EUB, Neil McCrank was responsible for directing and coordinating the EUB's regulatory mandate governing energy resource development and utility matters in Alberta. Prior to joining the EUB in 1998, Mr. McCrank served as a Special Prosecutor, Assistant Deputy Minister for the Criminal Justice Division, Deputy Attorney General, and Deputy Minister for the Alberta Department of Justice.

Mr. McCrank holds a Bachelor of Science in Electrical Engineering from Queen's University. He graduated with an LL.B. from Queen's and was admitted to the Bar in 1971. He is a member of the Law Society of Alberta, the Law Society of Upper Canada, the Canadian and Calgary Bar associations, and the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

AltaGas Income Trust is one of Canada's largest and fastest growing integrated energy infrastructure and services organizations. The Trust creates value by growing and optimizing assets and services across the energy value chain to serve North America's energy demand. Since 1994, AltaGas Income Trust has expanded its business to include natural gas gathering, processing and transmission, extraction of ethane and natural gas liquids, power generation, marketing of natural gas and natural gas liquids, as well as retail energy services to commercial, industrial and institutional end-users across Canada.

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

This news release contains forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Trust or an affiliate of the Trust, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. 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. Such statements reflect the Trust's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Trust's public disclosure documents. Many factors could cause the Trust's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release as intended, planned, anticipated, believed, sought, proposed, estimated or expected, and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Trust does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. 
 

FOR FURTHER INFORMATION PLEASE CONTACT:
Media:
AltaGas Income Trust
C.J. Wilkins
(403) 691-9890
Email: cj.wilkins@altagas.ca

or

Investment Community:
AltaGas Income Trust
Stephanie Labowka-Poulin
(403) 691-7136
Email: stephanie.labowka-poulin@altagas.ca

or

AltaGas Income Trust
Investor Relations
1-877-691-7199
Email: investor.relations@altagas.ca
Website: www.altagas.ca