CRTC Approval Granted: Shaw Acquires All Rogers Cable Operations in British Columbia.

Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--Oct. 27, 2000

Shaw Communications Inc. (TSE:SJR.B.) (CDNX:SJR.A) (NYSE:SJR) ("Shaw") received CRTC approval today to acquire all Rogers Communications Inc. ("Rogers") cable systems within British Columbia.

This transaction makes Shaw the principal cable and communications provider in the province, serving over one million or 90 per cent of B.C.'s cable customers.

The switch means an exchange of service providers for 600,000 Shaw customers in Eastern Canada and 623,000 Rogers customers in British Columbia's Lower Mainland and Fraser Valley.

"We are delighted by the CRTC's decision," stated Peter Bissonnette, President of Shaw Cablesystems. "With this approval, Shaw's systems are primarily consolidated in the West, representing 93 per cent of its customers. Shaw has strong roots in British Columbia and throughout Western Canada and it is important to us to build on our core strengths here, namely the provision of outstanding entertainment and communications services."

Recently, Shaw announced an additional $200 million nationally with $50 million allocated to Vancouver to provide the fastest, most reliable Internet network available to residential customers.

"We want customers and the community to know that we're truly excited about becoming the cable provider in the Lower Mainland. We'll be adding network infrastructure, adding jobs to the local economy, and adding to the value that customers get from our services," said Bissonnette.

"We'll be introducing new, innovative and improved services for Lower Mainland customers," Bissonnette added, "listening carefully all the way to their feedback and ideas. Our priority is build trust and long-term relationships with our new customers in the Lower Mainland while minimizing any impacts on service during the transition. It's business as usual right now, but over the next several months customers will begin to see many new Shaw innovations."

Another benefit Shaw brings to the Lower Mainland is major support for community involvement and charitable activities.

"We have a long standing dedication to community programming, educational initiatives and being unreservedly committed in the communities we serve," said Bissonnette. "We are looking forward to becoming an active partner in those communities new to Shaw."

For the latest details on the transition and answers to any related questions, customers will be invited to call Shaw's customer line in Vancouver at 280-8818 or visit www.shaw.ca.

Shaw Communications Inc. is a diversified Canadian communications company whose core business is providing satellite, broadband cable television and Internet services to approximately 2.3 million customers. Shaw also has significant interests in interactive television, e-commerce and telecommunications companies. Shaw is traded on the Toronto and New York stock exchanges (Symbol: TSE - SJR.B, NYSE - SJR).