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AltaGas Utility Group Inc.

04:13 PM EST - AltaGas Utility Group Inc. : today announced net income of $4.4 million or $0.54 per share for the first quarter of 2008, up from $3.8 million or $0.46 per share for the first quarter of 2007. Net income for the first quarter of 2008 increased by $0.6 million to $4.4 million. AltaGas Utility Group Inc. shares T.AUI are trading up 14 cents at $6.65.