Company Profile For Shaw Communications Inc.

Shaw Communications Inc. (Shaw) is a diversified communications company whose core business is providing broadband cable television, High-Speed Internet, Digital Phone, telecommunications services (through Shaw Business Solutions) and satellite direct-to-home (DTH) services (through Shaw Direct). The Company serves 3.4 million customers, including over 1.6 million Internet and 700,000 Digital Phone customers, through a network, which comprises 625,000 kilometers of fibre. Shaw is organized into two business segments: Cable and Satellite. During the fiscal year ended August 31, 2008 (fiscal 2008), the Cable segment generated 77% of consolidated service revenue and Satellite segment generated 23% of consolidated service revenue. In October 2009, the Company completed the acquisition of Mountain Cablevision Limited.

BRIEF: For the fiscal year ended 31 August 2009, Shaw Communications Inc.'s revenues increased 9% to C$3.40B. Net income decreased 20% to C$535.2M. Revenues reflect an increase in Cable Service sales and higher DTH sales. Net income was offset by increased general & administrative expenses, decreased other gains, increased deferred equipment costs, higher depreciation of property, plant & equipment charges and a rise in interest expenses.