NEWS RELEASE TRANSMITTED BY Marketwire



FOR: HUSKY ENERGY INC.

TSX SYMBOL:
 HSE

Husky Energy Announces 2009 Third Quarter Dividend

Oct 21, 2009 - 04:47 ET

CALGARY, ALBERTA--(Marketwire - Oct. 21, 2009) - Husky Energy Inc. (TSX:HSE) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.30 (Canadian) per share on its common shares for the three-month period ended September 30, 2009. The dividend will be payable on January 4, 2010 to shareholders of record at the close of business on November 20, 2009.

Husky Energy is an integrated energy and energy-related company headquartered in Calgary, Alberta, Canada. 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.
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
www.huskyenergy.com