TransAlta Reports on Voting Results from the 2013 Annual and Special Meeting of Shareholders

Apr 25, 2013

CALGARY, Alberta (April 25, 2013) – The Annual and Special Meeting of Shareholders (the “Meeting”) of TransAlta Corporation (“TransAlta” or the “Corporation”) (TSX: TA; NYSE: TAC) was held on April 23, 2013 in Calgary, Alberta. Each of the matters voted upon at the Meeting is discussed in detail in the Corporation’s Management Proxy Circular dated March 5, 2013, which can be found on TransAlta’s website: /investor-centre/reports-and-filings/transalta-corporation/mgmt-proxy-circs. The voting results for each matter presented at the Meeting are provided below:

The total number of shares represented by shareholders present in person and by proxy at the meeting was 95,884,818, representing 37.10% of the Corporation’s outstanding shares. Shareholders in attendance at the meeting represented 165,880 shares.
1. Election of Directors

The eleven director nominees proposed by management were elected by a show of hands. Proxies were received as follows:


Votes For Per cent Witheld Per cent
William D. Anderson 89,682,152 97.00% 2,774,277 3.00%
Timothy W. Faithfull 90,459,815 97.84% 1,996,614 2.16%
Dawn L. Farrell 90,722,963 98.13% 1,733,466 1.87%
Alan J. Fohrer 90,634,733 98.03% 1,821,196 1.97%
Gordon D. Giffin 89,576,104 96.88% 2,881,225 3.12%
C. Kent Jespersen 88,767,420 96.01% 3,688,805 3.99%
Michael M. Kanovsky 90,809,004 98.22% 1,647,425 1.78%
Gordon S. Lackenbauer 90,645,440 98.04% 1,809,989 1.96%
Karen E. Maidment 90,634,388 98.03% 1,822,041 1.97%
Yakout Mansour 90,690,954 98.09% 1,766,078 1.91%
Martha C. Piper 90,291,484 97.66% 2,164,945 2.34%

2. Appointment of Auditors

The Appointment of Ernst & Young LLP to serve as the independent auditors for 2013 was approved by a show of hands. Proxies were received as follows:

Votes For Per cent Witheld Per cent
         93,928,144 98.13%        1,790,794 1.87%

3. Continuation of Shareholder Rights Plan

The vote conducted by ballot, approved the resolution continuing, ratifying, confirming and approving the Shareholder Rights Plan. The results of the ballot were as follows:

Votes For Per cent Votes Against Per cent
        77,917,462 84.17%        14,656,216 15.83%

4. Advisory Vote on Executive Compensation

The vote conducted by ballot, approved, on an advisory basis, management’s approach to executive compensation. The results of the ballot were as follows:

Votes For Per cent Votes Against Per cent
       85,283,991 92.13%        7,283,908 7.87%

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate geothermal, wind, hydro, natural gas and coal facilities in order to provide customers with a reliable, low-cost source of power. For over 100 years, TransAlta has been a responsible operator and a proud contributor to the communities in which it works and lives. TransAlta has been selected by Jantzi-Sustainalytics as one of Canada’s Top 50 Socially Responsible Companies since 2009 and is recognized globally for its leadership on sustainability and corporate responsibility standards by FTSE4Good. TransAlta is Canada’s largest investor-owned renewable energy provider.

For more information:

Investor Inquiries:

Brent Ward
Director, Corporate Finance and Investor Relations
Phone: 1 800-387-3598 in Canada and U.S.

Media Inquiries:

Stacey Hatcher
Senior Corporate Relations Advisor
Cell: 587-216-2242
Toll-free media number: 1-855-255-9184
Alternate local number: 403-267-2540