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Calgary, Alberta - November 9, 2001 - For Immediate Release

Husky Energy announces quarterly dividend

Today, the Board of Directors of Husky Energy Inc. announced a quarterly dividend for the three month period ended September 30, 2001 in the amount of $0.09 per share on its common shares, payable on January 1, 2002 to shareholders of record on December 3, 2001.

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.


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For further information please contact:

Richard M. Alexander
Vice President, Investor Relations
(403) 298-6952
Sydney Sharpe
General Manager, Corporate
Communications &
Government Relations
(403) 298-6587