DBRS Releases Report on TELUS Corporation

DBRS has today released a report on TELUS Corporation (TELUS or the Company) that provides further detail on the October 17, 2011, confirmation of the Company’s long-term rating at A (low) and short-term rating at R-1 (low).

The confirmation reflects TELUS’s diversified business risk profile, with a focus on its growing wireless and data segments, a competitive residential and enterprise fixed-line operation, strong cash flow from operations generation and a reasonable financial risk profile.

Today’s report and the October 17, 2011, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.