Shaw Communications 1Q08 VoIP Update

Surpassed 500,000 VoIP lines during the quarter.

VoIP lines were up 56k during the quarter to 492k (out of 1.52 million Internet subscribers).

Subscriber numbers include pending installs.

VoIP service margins strengthening.

VoIP footprint grew in the quarter with launches in Moose Jaw, Saskatchewan; Thunder Bay and Sault Ste Marie, both in Ontario; as well as continued expansion of the surrounding areas of Victoria and Vancouver, British Columbia.

The service is now available to approximately 90% of homes passed.