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New Board Appointments at Northwest Territories Power Corporation

YELLOWKNIFE (June 28) - Minister Responsible for the Northwest Territories Power Corporation (NWTPC) Joe Handley today announced a new appointment and a reappointment to the NWTPC Board of Directors.

Mr. Ric Bolivar, owner-operator of Ryfan Electric Ltd since 1979, brings with him a wealth of board experience. He has been appointed to the Corporation's Board of Directors for a three-year term.

Mr. Bolivar was a founding member of the Arctic College Board - serving four years with the Executive Committee and three years as Chairman of the Finance Committee. He has served as President and Director of the NWT Construction Association and as a member of the GNWT Trade Advisory Committee. Mr. Bolivar is also a member of the Stanton Regional Hospital Foundation. His appointment to the NWTPC Board is effective July 1, 2002 to June 30, 2005.

Eric Shelton of Calgary, Alberta has been re-appointed for a three-year term commencing September 1, 2002. Mr. Shelton was first appointed to the Corporation's Board of Directors in September 1998. Mr. Shelton worked for TransCanada Pipelines/NOVA Gas Transmission Ltd. for thirty years prior to his retirement in 1999.

"The leadership, expertise and experience represented by members of the NWT Power Corporation's Board of Directors is critical to the ongoing success and growth of the Corporation", Mr. Handley said. "These appointments will ensure that power continues to be delivered across the North in a safe and reliable manner."