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FOR: HUSKY ENERGY INC.

TSX SYMBOL:
 HSE

Husky Energy Announces Quarterly Dividend

Jul 21, 2005 - 11:59 ET

CALGARY--(CCNMatthews - July 21) - The Board of Directors of Husky Energy Inc. has announced a quarterly dividend for the three-month period ended June 30, 2005 of $0.14 (Canadian) per share on its common shares. The dividend is payable on October 1, 2005 to shareholders of record at the close of business on August 26, 2005.

Husky Energy is a Canadian based, integrated energy and energy-related company headquartered in Calgary, Alberta. Husky Energy is a publicly traded company listed on the Toronto Stock Exchange under the symbol HSE.



FOR FURTHER INFORMATION PLEASE CONTACT:

Husky Energy Inc.
Colin Luciuk
Manager, Investor Relations
(403) 750-4938