Investor Presentaiton

Financial management Borrowing platform Maintain strength of borrowing platform in domestic market and build on strength in international markets Domestic market • Ensure liquidity - Maintain larger domestic benchmark sized issues ($3-$4B) - - Infrequent domestic MTN issuance Monitor secondary market liquidity • Control domestic supply - Target issuance of 30%-40% or more to international markets More frequent large US$ benchmarks - Opportunistic multi-currency issues. Alberta 18

View entire presentation