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The Churchill Corporation announces completion of automatic share purchase plan

EDMONTON, March 18 /CNW/ - The Churchill Corporation (the "Corporation")
announced today that it has completed its automatic share purchase plan
implemented on January 16, 2009, with its broker, to enable purchases of its
common shares to be made during internal blackout periods. Churchill's normal
course issuer bid will continue untill the earlier of October 14, 2009, or the
date by which the Corporation has acquired the maximum number of shares which
may be purchased under the bid. The Corporation anticipates renewing the
automatic share purchase plan from time to time during future internal
blackout periods as part of its normal course issuer bid.

The Churchill Corporation provides building construction, industrial
construction and maintenance services throughout Western Canada. Churchill
common shares are listed on the TSX under the symbol "CUQ".

FORWARD LOOKING STATEMENTS

Certain statements in this Press Release may constitute "forward-looking
statements". Forward-looking statements include, without limitation,
statements regarding the future financial position, business strategy,
budgets, litigation, projected costs, capital expenditures, financial results,
taxes, plans and objectives of the Corporation. Many of these statements can
be identified by looking for words such as "believes," "expects," "may,"
"will," "intends," "anticipates," "estimates," "continues," or the negative
thereof, or other variations thereon. Although management of Churchill
believes its expectations regarding future performance of the Corporation are
based on reasonable assumptions and currently available competitive, financial
and economic data, market conditions and operating plans, it can give no
assurance its expectations will be achieved. The Corporation cautions that, by
their nature, forward-looking statements, involve risks, and uncertainties and
that its actual actions, and/or results could differ materially from those
expressed or implied in such forward-looking statements, and that the
aforementioned risks, uncertainties and actions could affect the extent to
which a particular projection materializes. The Corporation assumes no
obligation to update the forward-looking statements should circumstances or
the Corporation's management's estimates or opinions change.

For further information: Andrew Apedoe, Vice President Investor Relations & Secretary, The Churchill Corporation, (780) 454-3667, Email: inquiries@churchill-cuq.com, Website: www.churchillcorporation.com