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FOR: HUSKY ENERGY INC.

TSX SYMBOL:
 HSE

Husky Energy Announces 2008 Fourth Quarter Dividend

Feb 04, 2009 - 09:45 ET

CALGARY, ALBERTA--(Marketwire - Feb. 4, 2009) - The Board of Directors of Husky Energy Inc. (TSX:HSE) is pleased to declare a quarterly dividend of $0.30 (Canadian) per share on its common shares for the three-month period ended December 31, 2008. The dividend will be payable on April 1, 2009 to shareholders of record at the close of business on March 2, 2009.

Given the prevailing economic environment, a $0.30 per share quarterly dividend continues to provide shareholders with one of the leading yields in the industry while allowing the company to maintain a strong balance sheet and preserve financial flexibility. 

Husky Energy 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.
Sharon Murphy
General Manager,
Corporate Communications & Investor Relations
(403) 298-6096
or
Husky Energy Inc.
Patrick Aherne
Manager, Investor Relations
(403) 298-6817
or
Husky Energy Inc.
Graham White
Corporate Communications
(403) 298-7088