TransAlta’s second quarter conference call – July 21, 2006

Jul 21, 2006

CALGARY, Alberta (July 12, 2006) – TransAlta Corporation (TSX: TA; NYSE: TAC) will release its second quarter 2006 results early in the morning on July 21, 2006. A conference call and webcast to discuss the results will be held for analysts and members of the media the same day beginning at 9 a.m. MDT (11 a.m. EST).

The call will begin with a short address by Steve Snyder, President and CEO and Brian Burden, Executive Vice-President and CFO, followed by a question and answer period for investment analysts. A question and answer period for the media will immediately follow.

Please contact the conference operator five minutes prior to the call, noting “TransAlta Corporation” as the company and moderator “Jennifer Pierce.”

Dial-in numbers:

    • For local Calgary participants – (403) 232-6311
    • For local Toronto participants – (416) 883-0139
    • Toll-free North American participants – 1-888-458-1598
    • Participant pass code – 26326#

Questions can also be asked via webcast at www.transalta.com. If you are unable to participate in the call, the replay is accessible at 1-877-653-0545 with TransAlta pass code 312068#. A transcript will be posted on TransAlta’s site approximately one day after the conference call.

Note: If using a hands-free phone, lift the handset and press one to ask a question.


TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. We maintain a low-risk profile by operating a highly contracted portfolio of assets in Canada, the United States, Mexico and Australia. Our focus is to efficiently operate our coal-fired, gas-fired, hydro and renewable facilities in order to provide our customers with a reliable, low-cost source of power. For nearly 100 years, we’ve been a responsible operator and a proud contributor to the communities where we work and live.

This news release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of TransAlta Corporation. These statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Some of the factors that could cause such differences include legislative or regulatory developments, competition, global capital markets activity, changes in prevailing interest rates, currency exchange rates, inflation levels and general economic conditions in geographic areas where TransAlta Corporation operates.

For more information:

Media Inquiries:

Sneh Seetal
Senior Advisor, Media Relations
Phone: (403) 267-7330
Email: sneh_seetal@transalta.com

Investor Inquiries:

Jennifer Pierce
Director, Investor Relations
Phone: (403) 267-7622
Fax: (403) 267-2590
Email: investor_relations@transalta.com