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FOR: HUSKY ENERGY INC.

TSX SYMBOL:
 HSE

Husky Energy Announces Fourth Quarter Dividend of $0.25 Per Share

Feb 17, 2006 - 11:59 ET

CALGARY--(CCNMatthews - Feb. 17) - Husky Energy Inc. announced today that its Board of Directors has declared a dividend for the fourth quarter 2005 of $0.25 per share on its common shares, payable on April 3, 2006 to shareholders of record at the close of business on March 10, 2006.

Husky Energy Inc. is a Canadian based, integrated energy and energy- related company headquartered in Calgary, Alberta. Husky Energy is publicly traded 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