Telus Does Not Extend Purchase Offer for Microcell

[Barry]

Amidst certain acquisition by Rogers, TELUS announced that it will not extend its offers to purchase all of the issued and outstanding publicly traded shares and warrants of Microcell Telecommunications Inc. As a result, the offers will expire later today at the previously established expiry time of 9 p.m., Toronto time, on October 12, 2004. TELUS Corporation will not take up and pay for any shares or warrants of Microcell that remain deposited to its offers as of the expiry time. TELUS has also cancelled a commitment from the Royal Bank of Canada to provide a Cdn.$500 million credit facility which was to be available for general corporate purposes following the completion of the offers.

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