Telus Announces Offering

VANCOUVER -- TELUS Corporation (TSX: T, T.A;NYSE: TU) announced today the pricing of its previously announced offeringsof senior unsecured Notes for expected aggregate gross proceeds of C$1.0billion with five and ten year maturities. The gross proceeds expected havebeen increased by $200 million from what was initially announced today dueto strong demand.

The 4.50% five-year Notes, Series CC were priced at $99.991 for an effectiveyield of 4.502% per annum and will mature on March 15, 2012. Gross proceedsfrom the five-year notes are expected to be C$300 million. The 4.95%ten-year Notes, Series CD were priced at $99.953 for an effective yield of4.956% per annum and will mature on March 15, 2017. Gross proceeds of theten-year notes are expected to be C$700 million.

Net proceeds of the offering will be used for general corporate purposesincluding the redemption of TELUS' 7.50 % U.S. $ Series 1 Notes due June 1,2007. Closing of the offerings is expected to occur on or about March 13,2007.

Telus Corp. (NYSE: TU; Toronto: T)