Shaw delivers solid first quarter results

CALGARY, Alberta — Shaw Communications Inc. (STSX: SJR.B, NYSE: SJR) today announced results for the first quarter ended November 30, 2008.

During the quarter Basic cable subscribers increased 9,198 to 2,257,394, Digital and Internet customers grew by 60,717 to 967,037 and 31,152 to 1,597,114, respectively, and Digital Phone lines were up 56,597 to 668,528. DTH (Star Choice) customers increased 448 to 892,976.

Subscriber statistics:

                                                   Growth
                              Total    Three months ended
                       November 30,          November 30,
                               2008       2008       2007
                       ------------  ---------  ---------
Basic cable customers     2,257,394      9,198      8,138
Digital customers           967,037     60,717     39,496
DTH customers               892,976        448      1,544

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