Shaw Communications Inc. Announces Plans for Expanded Corporate Headquarters in Downtown Calgary

CALGARY, ALBERTA--(Marketwire - Feb. 27, 2013) -

Editors Note: There are four photos and two backgrounders associated with this press release.

Shaw Communications Inc. (TSX:SJR.B) (NYSE:SJR) today announced development plans for its new corporate headquarters on 3 Avenue SW in downtown Calgary, including a complete renovation and restoration of the Shaw Court building, as well as naming rights and office space within the new 3 Eau Claire building.

"The development supports the urbanization of downtown Calgary and reflects Shaw's position as a corporate and community leader," said Brad Shaw, CEO, Shaw Communications Inc. "With up to 2,000 employees, Shaw's corporate headquarters will form a new anchor of development in Calgary's downtown, while setting a new benchmark for innovation in workplace and office design."

"Shaw's commitment to rebuilding and expanding its corporate headquarters downtown will be a lasting contribution to a vibrant city centre," said Naheed Nenshi, Mayor of Calgary. "This project will be an important part of the downtown core and Calgary's economy."

Expected to reopen in spring 2014 - the redesigned Shaw Court building will feature collaborative workspaces, rooftop terraces with green space, enhanced digital infrastructure and will use sustainable building concepts to reduce Shaw's overall environmental footprint. Facilities enhancements, such as a wellness centre and a fitness centre, will help continue to promote employee wellness.

Additionally, Global Calgary will be moving its operations downtown - integrating a state-of-the-art TV studio into the ground floor of the redesigned Shaw Court building.

"We are excited about bringing Global to the city centre and the possibilities it opens up by bringing us a street-level presence in the heart of Calgary," Mr. Shaw said. "In particular, being downtown is a significant advantage for the ability of Global News to deliver breaking news and information that Calgarians want and need."

Shaw is also expanding its presence downtown to include 12 floors in 3 Eau Claire, the new 48-storey and 42-storey office and residential towers across the street from Shaw Court. Shaw has secured naming rights for the new building, which is expected to begin construction by summer 2013 and be completed by 2016. In total, Shaw's corporate headquarters will occupy approximately 540,000 square feet (50,000 square metres) of office space in downtown Calgary.

Please visit shaw.ca for information about the products and services offered.

To view backgrounders and images for the Shaw Court and 3 Eau Claire buildings, please follow the links below:

Shaw Court Backgrounder - http://media3.marketwire.com/docs/Shaw%20Court%20Backgrounder.pdf

3 Eau Claire Backgrounder - http://media3.marketwire.com/docs/3%20Eau%20Claire%20Backgrounder.pdf

Shaw Court Exterior Rendering - http://www.marketwire.com/library/20130227-800ShawCourt_standalone.jpg

3 Eau Claire Exterior Rendering - http://www.marketwire.com/library/20130227-800%203%20Eau%20Claire_wlogo.jpg

Shaw Court and 3 Eau Claire at Dusk Concept - http://www.marketwire.com/library/20130227-800%203%20Eau%20Claire_Dusk.jpg

Calgary Skyline with Shaw Court and 3 Eau Claire - http://www.marketwire.com/library/20130227-800%203EC_Shaw_Building_Aerial.jpg

About Shaw Communications Inc.

Shaw Communications Inc. is a diversified communications and media company, providing consumers with broadband cable television, High-Speed Internet, Home Phone, telecommunications services (through Shaw Business), satellite direct-to-home services (through Shaw Direct) and engaging programming content (through Shaw Media). Shaw serves 3.3 million customers, through a reliable and extensive fibre network. Shaw Media operates one of the largest conventional television networks in Canada, Global Television, and 18 specialty networks including HGTV Canada, Food Network Canada, History and Showcase. Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index (TSX:SJR.B) (NYSE:SJR). For more information about Shaw, please visit www.shaw.ca.