Thanks to Golilox for this link. I am about to take a postion in this company, GLTA

TONBRIDGE POWER INC

Alberta Energy and Utilities Board Gives Conditional Approval to Build

Canada's First International Merchant Power Line

Montana Alberta Tie Ltd. (MATL) has received the final Canadian go-ahead to build and operate a 346km, 230kV AC power line from Lethbridge, Alberta to Great Falls, Montana. On January 31, the Alberta Energy and Utilities Board (EUB) gave conditional approval to build the Canadian portion of the line.

"We are very pleased to receive the EUB's approval, a major step in moving the project forward," said Mr. Bob Williams, MATL Vice President, Regulatory. Among the conditions, the EUB has directed MATL to conduct further discussions with affected landowners to address the mitigation of specific impacts on individual landowners. "We heard the landowner concerns during the public hearing in November. We made commitments to the landowners on a resolution process and we are ready to live up to those commitments beginning immediately," said Mr. Williams. MATL must report back to the EUB by April 30, 2008.

The MATL line received National Energy Board (NEB) approval in April 2007 and Federal Energy Regulatory Commission (FERC) approval in the United States in July 2006. US Department of Energy (DOE) is the final regulatory approval required before construction can begin. An Environmental Impact Assessment is scheduled for release in the next several weeks followed by a public comment period before the DOE can release its decision.

The MATL line ties together the Alberta and Montana power grids bringing much needed transmission capacity to Alberta and providing access to the grid for a number of proposed major wind power projects in Northern Montana. As a merchant power line MATL will pay to build and operate the line. There will be no cost to utility rate payers.

About Montana Alberta Tie Ltd.

Montana Alberta Tie Ltd. is a Calgary based company formed to build and operate the Montana Alberta Tie. The company's management team has more than 100 years experience in the Alberta power industry. Montana Alberta Tie Ltd. (www.matl.ca) is 100% controlled by Tonbridge Power Inc.

About Tonbridge Power Inc.

Tonbridge Power Inc. (TSX VENTURE: TBZ) is a Toronto based investor in power projects, whose principle asset is the 100% controlling interest in Montana Alberta Tie Ltd. For more information please go to www.tonbridgepower.com

SOURCE: Montana Alberta Tie Ltd.

Shael Gelfand, Peak Communicators, (403) 240-7860, (403) 818-8849 (cell), sgelfand@peakco.com; Dixie Baum, Peak Communicators, (403) 240-7863, (403) 808-8822, dbaum@peakco.com