March 27, 2001

TELUS acquires national data network integration company and a Web hosting and design firm

Divestiture of TELUS real estate totals more than $325 million with latest sale

Burnaby, B.C. - TELUS Corporation has an agreement to acquire Williams Communications Canada Inc. (WCCI) from Tulsa, Oklahoma-based Williams Communications LLC and has an agreement to purchase Internet consulting and development company, Columbus Group Communications Inc.
In a third major transaction announced today, TELUS has reached an agreement to sell its 27-story Calgary office tower for $120 million. The purchasers will be disclosed at a later date.

Williams Communications Canada Inc. Acquisition
WCCI has 14 centres across Canada and annual revenues of $130 million. WCCI serves 13,000 customer sites representing 880,000 active ports, including financial, health care, education and government sector clients. Three-quarters of WCCI's customers and employees are in Central Canada. WCCI sells, installs and services communications equipment and provides data and voice services. The transaction is to complete May 31, 2001, subject to regulatory approval. The purchase price is not being disclosed.

"WCCI is important to TELUS because it supports our strategy to build national capabilities and it instantly provides a significant client base in Canada to grow our data, Internet and wireless services," said Darren Entwistle, president and CEO, TELUS. "The addition of such competitive, highly-trained employees and many strong customer relationships will enable TELUS to provide business customers with improved service levels and the converged communications solutions they demand."

Columbus Group Acquisition
Columbus Group is an Internet professional services company. The company, with offices in Toronto and Vancouver, has been an industry leader for six years in providing Internet strategy, design, integration and application development. Columbus Group has more than 40 customers in Canada and the U.S. including Westcoast Energy, CIBC, JP Morgan Chase, Glaxo SmithKline, Kraft and Intrawest.

"Columbus Group provides TELUS with a very highly-regarded, thriving Internet development company and more than 70 talented and skilled employees," said Darren Entwistle, TELUS president and CEO. "By embracing the expertise of Columbus Group, TELUS enhances its already rich portfolio of Internet services to get our business customers up and running with a first-class Web presence."

After the deal closes at the end of the month, Columbus Group operations will become part of TELUS Enterprise Solutions, the e-business division of TELUS Client Solutions. Based in Toronto, TELUS Client Solutions is focused on meeting the needs of large business customers. The purchase price is up to approximately $12 million, including $5 million in cash consideration.

Calgary Tower Sale
The sale of TELUS' Calgary tower at 411-1st Street, SE, Calgary, Alberta is to complete at the end of April. TELUS will enter into a long-term lease with the new owner to continue to occupy the building. Over the last six months, TELUS has sold its Burnaby headquarters building, its two Edmonton office towers and a three-story Calgary TELUS Mobility building for a total of $205 million. With the latest sale, TELUS has generated a total of $325 million for investment.

"The sale of our office towers provides additional capital to invest in our data, Internet and wireless growth strategy," added Entwistle. "We are in the communications solutions business, not real estate management."

TELUS Corporation (TSE: T, T.A; NYSE: TU) is one of Canada's leading telecommunications companies providing a full range of telecommunications products and services that connect Canadians to the world. The company generated $6.4 billion in revenues in 2000 and is the leading service provider in Western Canada. TELUS also provides data, Internet Protocol, voice and wireless services to Central and Eastern Canada. With the purchase of QuébecTel and national digital wireless company Clearnet Communications Inc., TELUS is rapidly strengthening its position as a leading national service provider.

For more information, please contact:
Doug Strachan
Media relations manager
(604) 432-2663 (office)
1-800-892-8250 (pager)
doug.strachan@telus.com

Forward Looking Disclosure Disclaimer:
This news release contains statements about expected future events that are forward-looking and subject to risks and uncertainties. Accordingly, TELUS' actual results, performance or achievement could differ materially from those expressed or implied by such statements, and such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. These statements do not reflect the potential impact of any acquisitions, mergers or divestitures completed after today. In addition to the factors discussed herein, among the other factors that could cause actual results to differ materially are the following: general business and economic conditions in Canada and the Company's service territories in Canada; amount, terms and pricing of debt refinancing; competition in local and long distance services, wireless services, data and Internet services and within the Canadian telecommunications industry generally; adverse regulatory action including CRTC decisions; outcome of collective agreement negotiations; technological advancement; taxation; and other risk factors listed from time to time in the Company's reports and documents filed under applicable securities laws including the Company's latest Annual Report and Annual Information Form.

TELUS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.