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  Current year - 2008 2007 2006

2006 news releases

DirectWest Expands Directory Business into Calgary Market

May 15, 2006

DirectWest Corporation (DirectWest), a wholly owned subsidiary of Saskatchewan Telecommunications Holding Corporation (SaskTel) today announced it will invest up to $2.5 Million in The Phone Book Company Partnership (The Phone Book Company) over the next three years to fund further expansion within the Alberta market into Calgary and area.

"This expansion continues to build on DirectWest's successful track record and provides a great opportunity for new revenue and profit growth within the Alberta market," Gord Farmer, President & CEO of DirectWest said. "Generating profitable new revenue, while leveraging our directory expertise and experience, remains a key focus towards continuing our financial success over the long term."

DirectWest currently holds an 85% interest in the Phone Book Company and Midwest Marketing Inc. owns the remaining 15% interest. DirectWest will continue to provide its back office and directory infrastructure support and experience to the business, while Midwest Management's experience and knowledge of the Alberta market will continue to add significant value to the partnership. The Phone Book Company currently publishes directories in Red Deer, Edmonton and Grande Prairie and will publish its first directory in Medicine Hat in June 2006.

The independent directory business continues to grow and prosper across North America, generating double digit annual growth rates. There are established independent directories in all provinces across Canada, and the expansion of this industry segment is expected to continue through 2006 and beyond. DirectWest will continue to evaluate further expansion opportunities that will leverage and build on the Phone Book Company's success in the Alberta market, while maintaining and building on the strong reputation within the communities it serves

About DirectWest

DirectWest is a wholly owned subsidiary of SaskTel, Saskatchewan's leading full service communications company. As exclusive publishers of the SaskTel Phone Books, DirectWest publishes and distributes ten print telephone directories along with the online SaskTel phonebook found at www.mysask.com. DirectWest also provides Internet Business Solutions including online advertising, web site development and e-commerce solutions that help companies create and enhance their Internet presence.

About The Phone Book Company

The Phone Book Company was originally launched in 1993 to provide a phone book to the Red Deer and Central Alberta market. After eleven years of success and expansion into the Grande Prairie, Edmonton and Medicine Hat markets, The Phone Book Company continues to grow and expand in Alberta and takes pride in its success as a locally owned, locally grown business. The Phone Book Company is the only Canadian directory publisher to win all five competitive directory publishing awards in one year, including Publisher of the Year, Best Yellow Section, Best Designed Community Pages, Best Innovative Idea, and Most Informative.

Contact


Michelle Englot , SaskTel Corporate Affairs
Phone: (306) 777-4476
E-mail: michelle.englot@sasktel.sk.ca