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TransAlta's CEO Hosts Annual General Meeting (Transcript)

TransAlta Corporation (TAC)

Annual General Meeting Call

April 26, 2012 1:00 PM ET

Executives

Gordon Giffin – Partner, McKenna Long & Aldridge

Dawn Farrell – President and CEO

Analysts

Sandra Evans [ph]

Todd Stack [ph]

Jennifer Pierce [ph]

David Akash [ph]

Martin Rich [ph]

Diane [ph]

Dean Lucich [ph]

Parvez Mohammed [ph]

Myles Schroder [ph]

William Bacolod [ph]

Andrea Beck [ph]

Presentation

Gordon Giffin



Good morning. The appointed hour of 11 a.m. having arrived, we will begin the meeting. Welcome to all of you on behalf of the TransAlta board of directors. It is certainly my privilege to welcome you to this annual meeting of the shareholders of TransAlta Corporation.

The board and management very much appreciate you, our shareholders, taking your time to be here today. My name is Gordon Giffin, and I am chair of the board of TransAlta, and I will chair this meeting, this morning. Our vice president and corporate secretary, Marie [ph] will act as Secretary of the meeting, and she is on the far left of the table.

I’m also pleased to introduce and present to you our president and chief executive officer, Dawn Farrell, who is also seated upfront with us. This meeting will also be web cast live, and we welcome those who are joining us on the internet. We also welcome those of you who may be with us today, who are not shareholders, but I remind you that only shareholders or proxy holders are entitled to vote or to actively take part in the business of this meeting.

We will first conduct the formal business of the meeting, and then at the conclusion of the formal business I will make some brief remarks on behalf of the board. And then our CEO, Mr. Farrell, will then address you to discuss in more detail TransAlta’s performance in 2011, and our strategy for the future.

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