TELUS to early redeem 5.05 per cent, Series CG Notes due December 4, 2019

VANCOUVER, British Columbia, June 28, 2018 (GLOBE NEWSWIRE) -- TELUS announced that it has given notice today of a full redemption on August 1, 2018 of its outstanding C$1 billion 5.05 per cent Notes due December 4, 2019 (CUSIP No. 87971MAK9). The redemption price will be calculated in accordance with the applicable indenture.

This news release is for informational purposes only and does not constitute an offer to buy or sell, or the solicitation of an offer to buy, or sell, any securities. 

Forward-Looking Statements

This news release contains statements about future events, including the completion of the redemption of the 5.05 per cent Notes due December 4, 2019, that are forward-looking. By their nature, forward-looking statements require us to make assumptions and predictions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and qualified by the assumptions, qualifications and risk factors referred to in our 2017 annual and first quarter 2018 management’s discussion and analysis’, and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR at ) and in the United States (on EDGAR at ). The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by law, TELUS disclaims any intention or obligation to update or revise forward-looking statements.

About TELUS

TELUS (TSX:T) (NYSE:TU) is Canada’s fastest-growing national telecommunications company, with $13.6 billion of annual revenue and 13.1 million subscriber connections, including 8.9 million wireless subscribers, 1.8 million high-speed Internet subscribers, 1.3 million residential network access lines and 1.1 million TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment, video and home security. TELUS is also Canada's largest healthcare IT provider, and TELUS International delivers business process solutions around the globe.

For more information about TELUS, please visit telus.com.

For more information, please contact:

Darrell Rae

TELUS Investor Relations

(604) 695-4314

TELUS Media Relations

Richard Gilhooley

(778) 868-0235