Q107 CFO Presentation

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Q2 2007 TELUS investor conference call August 3,
2007
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TELUS forward looking statements
This session and answers to questions contain
forward-looking statements that require
assumptions about expected future events
including 2007 guidance, competition, financing,
financial and operating results, and regulation
that are subject to inherent risks and
uncertainties. There is significant risk that
predictions and other forward looking statements
will not prove to be accurate so do not place
undue reliance on them. Factors that could cause
actual results to differ materially include but
are not limited to competition capital
expenditure levels (including possible spectrum
purchases) financing and debt requirements
(including share repurchases, debt redemptions
and refinancing plans) tax matters (including
acceleration or deferral of payment of
significant cash taxes) regulatory developments
(including local forbearance, local number
portability, the timing, rules, process and cost
of future spectrum auctions, and possible changes
to foreign ownership restrictions) process risks
(including conversion of legacy systems and
billing system integrations) and other risk
factors discussed herein and listed from time to
time in TELUS reports. There are many factors
that could cause actual results to differ
materially. For a full listing and description
of the potential risk factors and assumptions,
please refer to the TELUS 2006 annual report and
updates in the 2007 quarterly reports (see
Section 10 Risks and Risk Management in
Managements discussion and analysis), and other
filings with securities commissions in Canada
(sedar.com) and the United States (sec.gov). All
dollars referenced are in C unless otherwise
specified.
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