DRASP

TransAlta offers two convenient options for registered and non-registered holders of TransAlta common shares to reinvest their dividends within our Dividend Reinvestment and Share Purchase Plan (DRASP) without incurring service charges or brokerage fees.

Dividend Reinvestment and Cash Purchase of Additional Shares

Shareholders can elect to purchase additional shares through reinvestment of dividends or they may make an additional contribution up to $5,000 per quarter, without fee. Shares issued from treasury are currently priced at a three per cent discount to the weighted average price of the common shares traded on the Toronto Stock Exchange during the last five trading days preceding the relevant divident payment dates. For further information on the plan, please read the DRASP brochure and other related information which can be downloaded from the Related Documents area of this page.

Reinvestment Prices

View historical TransAlta reinvestment prices.

To Participate

Any registered holder of record wishing to join the Plan can obtain an Authorization Form from the plan administrator, CIBC Mellon Trust Company. If you would like to enroll in the Plan, a DRASP Authorization Form and an Offering Circular (DRASP Brochure) can be downloaded from the Related Documents section of this page. The Authorization Form must be received by the Trustee, CIBC Mellon Trust, five business days before the record date. All inquiries relating to shareholder accounts in the Plan should be addressed to CIBC Mellon Trust Company.

On April 29, 2010 the Board of Directors approved the issuance of common shares from Treasury at a three per cent discount under TransAlta’s Dividend Reinvestment and Share Purchase Plan (DRASP), commencing with the common share dividend payable on July 1, 2010. View news release.

As of August 2, 2001, non-registered shareholders can participate in the Plan via CDS & Co. Beneficial owners of common shares should contact their investment dealers to enrol in the Plan and to make optional cash payments.

Please note, registered participants of CIBC Mellon Trust who are interested in making optional cash payments, must fill out CIBC Mellon Trust Company's DRASP Participant Declaration Form as required by The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada). It too can be downloaded from the Related Documents section of this page. The form need only be filled out and submitted to CIBC Mellon Trust Company once.

Neither the Plan nor the shares issuable under the Plan have been registered in the United States. At this time, U.S. persons are not eligible to participate in the Plan.

CIBC Mellon Trust Company
P.O. Box 7010 - Adelaide Street Station
Toronto, Ontario M5C 2W9

Phone: 1-800-387-0825 toll free in North America
Phone: (416) 813-4600 in Toronto or outside North America
Fax: (416) 813-4555

Email: inquiries@cibcmellon.com