CUC unaffected by Hurricane Emily

LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK 
EXCHANGE/TRADING SYMBOL: CUP.U 

GRAND CAYMAN, Cayman Islands, July 18 /CNW/ - Caribbean Utilities
Company, Ltd. ("CUC" or "the Company") confirmed today that it was not
impacted by Hurricane Emily ("Emily"), a major category four hurricane that
brushed Grand Cayman on July 17, 2005. Emily's closest point of approach was
98 miles southwest of Grand Cayman at 4 am Cayman time, resulting in maximum
sustained winds of 43 miles per hour and minimal storm surge along the south
coast.
Richard Hew, CUC President and Chief Executive Officer (Designate), noted
that the Company did not shut down its power system at any time during Emily's
passing. "We did experience three line faults Saturday night that caused the
disruption of service to approximately 100 customers in the Tropical Gardens,
Spotts-Newlands and East End areas. Service was restored to these customers on
Sunday, July 17, 2005, around noon, after it became safe for employees to
commence repairs. Otherwise, I am happy to report that our generating capacity
and transmission and distribution grid were unaffected by Emily. Obviously, we
are very grateful that the Cayman Islands were spared by this dangerous
hurricane."
CUC is the sole provider of electricity to Grand Cayman, Cayman Islands
and operates under a 25-year exclusive Licence renewable in 2011 with the
Government of the Cayman Islands.

Caribbean Utilities Company, Ltd., on occasion, may include forward-
looking statements in its media releases, Canadian securities regulatory
authorities filings, shareholder reports and other communications. Forward-
looking statements are based on certain assumptions by their very nature and
are subject to certain risks and uncertainties that may cause actual results
to vary from plans, objectives and estimates. Such risks and uncertainties
include but are not limited to general economic, market and business
conditions, regulatory developments and weather. Caribbean Utilities Company,
Ltd. cautions readers that actual results may vary significantly from those
expected should certain risks or uncertainties materialize or should
underlying assumptions prove incorrect.


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