Stantec Announces Renewal Of Normal Course Issuer Bid

EDMONTON, ALBERTA, May 28 (MARKET WIRE) --
Stantec Inc. (TSX: STN) (NYSE: STN) announced today that a Notice of
Intention to renew a Normal Course Issuer Bid has been filed with, and
accepted by, the Toronto Stock Exchange, pursuant to which Stantec may
purchase up to 2,287,166 of its common shares, representing approximately
5% of its issued and outstanding shares. Stantec had a total of
45,743,320 common shares outstanding as at May 17, 2010. The purchases
may commence on June 1, 2010, and will terminate no later than May 31,
2011. Except for block purchases permitted under the rules and policies
of the TSX, the number of Common Shares to be purchased per day will not
exceed 29,922, or approximately 25% of the average daily trading volume
for the six full calendar months prior to April 30, 2010. Stantec will
make the purchases on the open market in accordance with the rules and
policies of the TSX, and the prices that Stantec will pay for any common
shares will be the market price of such shares at the time of acquisition.

Stantec believes that, from time to time, the market price of its common
shares does not fully reflect the value of its business and its future
business prospects. As a result, Stantec believes at such times that its
outstanding common shares represent an attractive investment and an
appropriate and desirable use of its available funds. Stantec also
believes that the purchase of its common shares may be advisable,
periodically, to offset the dilution resulting from the exercise of
options and the dilution that occurs as a result of common shares issued
in connection with acquisitions. Any common shares purchased by Stantec
will be cancelled.

As at May 17, 2010, Stantec had not purchased any Common Shares pursuant
to its normal course issuer bid in place since June 1, 2009.

Stantec provides professional consulting services in planning,
engineering, architecture, interior design, landscape architecture,
surveying, environmental sciences, project management, and project
economics for infrastructure and facilities projects. We support public
and private sector clients in a diverse range of markets in the
infrastructure and facilities sector at every stage, from initial concept
and financial feasibility to project completion and beyond. Our services
are offered through approximately 9,400 employees operating out of more
than 130 locations in North America. Stantec trades on the TSX and the
NYSE under the symbol STN. Stantec is One Team providing Infinite
Solutions.

Contacts:
Stantec Inc.
Jay Averill
Media Relations
(780) 917-7441

Stantec Inc.
Simon Stelfox
Investor Relations
(780) 917-7288

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