investor information

why invest in TELUS

Invest in a wireless and data-focused Canadian telecommunications company whose consistent strategy is generating significant cash flow from operations. Combined with a strong balance sheet, this enables TELUS to continue investing for future growth while returning substantial capital to investors.

For today and tomorrow, we are:

Delivering a consistent growth strategy in Canada focused on wireless and data
Benefiting from strong exposure to the growing Canadian wireless market where we currently generate 47% of consolidated revenues
Investing in future growth areas including high-speed wireline broadband and wireless networks
Leveraging our strong brand and an integrated suite of innovative wireline and wireless services for both business and consumers
Maintaining a long-standing commitment to balance the interests of our debt and equity holders
Committed to a dividend growth model with our clear public dividend payout ratio guideline of 45 to 55% of sustainable net earnings, which led to a fourth successive sizeable increase in the dividend, up 20%, beginning January 1, 2008
Continuing to return capital to investors with the renewal of a fourth share buyback program for up to 20 million shares
A company with a seven-year track record for achieving the majority of our consolidated financial and operating targets
Recognized in Canada and globally for corporate governance best practices, financial reporting and disclosure excellence, and leadership in social responsibility and sustainability

Stock exchanges and TELUS trading symbols

Toronto Stock Exchange (TSX)

common shares T
non-voting shares T.A

New York Stock Exchange (NYSE)

non-voting shares TU

Member of

S&P/TSX Composite Index
S&P/TSX 60 Index
MSCI World Telecom Index (Morgan Stanley Capital International)
Dow Jones Sustainability Index (DJSI) - Global and North American
Jantzi Social Index
FTSE4Good Index

Share facts

Common and non-voting shares receive the same dividend.
Common and non-voting shares have the same rights and privileges, with the exception of voting rights.
If federal foreign ownership restrictions were removed, non-voting shares may convert on a one-for-one basis to common shares.

2008 expected dividend¹ and earnings dates

	Ex-dividend dates²	Dividend record dates	Dividend payment dates	Earnings release dates
Quarter 1	March 7	March 11	April 1	May 8
Quarter 2	June 6	June 10	July 1	August 8
Quarter 3	September 8	September 10	October 1	November 7
Quarter 4	December 9	December 11	January 1, 2009	February 13, 2009

¹ Dividends are subject to Board of Directors' approval.
² Shares purchased on this date forward will not be entitled to the dividend payable on the corresponding dividend
payment.