Mr. Jon Morrison reports

ALTAGAS ANNOUNCES CLOSING OF US$750 MILLION SENIOR NOTE OFFERING

AltaGas Services (U.S.) Inc., a wholly owned subsidiary of AltaGas Ltd., has closed its previously announced offering of $750-million (U.S.) aggregate principal amount of 5.750 per cent senior notes due 2031, which are fully and unconditionally guaranteed by AltaGas on a senior unsecured basis. The notes are unsecured and rank equally with AltaGas's existing senior unsecured debt.

AltaGas intends to use the net proceeds of the offering for general corporate purposes, including the repayment of existing indebtedness under its credit facility and/or to redeem or repurchase, in whole or in part, certain of the company's issued and outstanding medium-term notes.

About AltaGas Ltd.

AltaGas is a leading North American infrastructure company that connects customers and markets to affordable and reliable sources of energy. The company operates a diversified, lower-risk, high-growth energy infrastructure business that is focused on delivering stable and growing value for its stakeholders.

We seek Safe Harbor.