MEMBER'S PUBLIC DISCLOSURE STATEMENT

Pursuant to Conflicts of Interest Act, Chapter C-23, RSA 2000 As at May 1, 2012 (including material amendment changes to November 30, 2012)

NAME OF MEMBER: CONSTITUENCY:

Hon. Ken Hughes Calgary - West Applicable Not Applicable

Form 1 Statement of Member Form 2 Statement of Member's Spouse/ Adult Interdependent Partner Form 3 Statement of Member's Minor Children Form 4 Statement of Private Corporations NOTE:
Under Section 14 of the Conflicts of Interest Act, Chapter C-23, RSA 2000: A public disclosure statement shall identify (a) (b) (c)

X X X X

the assets, liabilities, financial interests, and sources of income, the fees, gifts, or benefits approved for retention under section 7(2)(b), and any travel accepted under section 7.1,

as disclosed in a Member's private disclosure statement but shall not state the amount or value of those items. Excluded from a public disclosure statement are the following: (a) (b) (c) (d) (e) (f) assets, liabilities, or interests having a value of less than $10,000; a source of income of less than $5,000 per year; information identifying a home or recreational property occupied by the Member or one of the Member's family; personal property that the Member, the Members spouse or adult interdependent partner or one of the Members family uses primarily for transportation, household, educational, recreational, social or esthetic purposes; unpaid taxes, except property taxes under the Municipal Government Act and taxes under the School Act; and support obligations.

Prepared by the Office of the Ethics Commissioner

PUBLIC DISCLOSURE STATEMENT FOR KEN HUGHES FORM 1: MEMBER (Ken Hughes)

INCOME (includes income received in 2012)

Source Province of Alberta Alpine Insurance and Financial Inc. Nature of Income MLA Indemnity, Ministerial Allowance Salary

ASSETS
Real Property Principal Residence: Calgary Secondary Residence: Edmonton Recreational: Kananaskis Improvement District Royal Bank, Bank of Montreal -BMO Investorline: Cash -Wawanesa Life: Canadian Equity Index Fund, International Equity Index Fund N/A N/A N/A MLA Group Plan, Canada Life, State Farm N/A N/A June 2012: Two tickets to Institute for Research on Public Policy tribute dinner for Honourable Peter Lougheed; provided by CIBC N/A

Bank, Trust Company or Other Financial Institution Registered Savings Plans

Canada Savings Bonds and Investments Guaranteed by Government Mutual Funds Guaranteed Investment Certificates and Similar Instruments Annuities and Life Insurance Policies Pension Rights Other Assets Gifts and Personal Benefits

Travel on Non-commercial Aircraft

LIABILITIES
Mortgages Loans or Lines of Credit Guarantees Bank of Montreal, Royal Bank Bank of Montreal, Servus Credit Union, Royal Bank -Bank of Montreal and Servus Credit Union for Alpine Insurance Inc. -Bank of Montreal for Alpine Insurance and Financial Inc. Credit Cards AMEX; BMO; Royal Bank

Other

FINANCIAL INTERESTS
The Hughes Sovereign Trust
As at May 1, 2012, including material amendment changes to November 30, 2012 Page 2

PUBLIC DISCLOSURE STATEMENT FOR KEN HUGHES FORM 2: MEMBERS SPOUSE/ADULT INTERDEPENDENT PARTNER (Denise Savage-Hughes)

INCOME (includes income received in 2012)

Source Alpine Insurance and Financial Inc. Trade Strategies International Inc. Nature of Income Salary Dividends

ASSETS
Real Property Principal Residence: Calgary Secondary Residence: Edmonton Recreational: Kananaskis Improvement District Royal Bank, Bank of Montreal, CIBC Wawanesa Life: Canadian Equity Index Fund, International Equity Index Fund N/A N/A N/A State Farm; Dejardins; Canada Life N/A N/A

Bank, Trust Company or Other Financial Institution Registered Savings Plans Canada Savings Bonds and Investments Guaranteed by Government Mutual Funds Guaranteed Investment Certificates and Similar Instruments Annuities and Life Insurance Policies Pension Rights Other Assets

LIABILITIES
Mortgages Loans or Lines of Credit Guarantees Other Bank of Montreal, Royal Bank Bank of Montreal, Servus Credit Union N/A Credit Cards AMEX; BMO; Royal Bank

FINANCIAL INTERESTS
Dycor Technologies, Shop To It Inc.; The Hughes Sovereign Trust

As at May 1, 2012, including material amendment changes to November 30, 2012

Page 3

PUBLIC DISCLOSURE STATEMENT FOR KEN HUGHES

FORM 3: MEMBERS MINOR CHILDREN (No. of Minor Children: 3 )

INCOME (includes income received in 2012)

Source N/A Nature of Income

ASSETS
Real Property Bank, Trust Company or Other Financial Institution Registered Savings Plans Canada Savings Bonds and Investments Guaranteed by Government Mutual Funds Guaranteed Investment Certificates and Similar Instruments Annuities and Life Insurance Policies Pension Rights Other Assets N/A N/A BMO Investorline: Cash N/A N/A N/A N/A N/A N/A

LIABILITIES
Mortgages Loans or Lines of Credit N/A N/A

FINANCIAL INTERESTS
N/A

As at May 1, 2012, including material amendment changes to November 30, 2012

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PUBLIC DISCLOSURE STATEMENT FOR KEN HUGHES FORM 4: PRIVATE CORPORATIONS (Alpine Insurance & Financial Inc.; 1653983 Alberta Inc.; Trade Strategies International Inc.)

INCOME (includes income received in 2012)

Source Alpine Insurance & Financial Inc. Nature of Income Commissions

ASSETS
Real Property Bank, Trust Company or Other Financial Institution Canada Savings Bonds and Investments Guaranteed by Government Mutual Funds Guaranteed Investment Certificates and Similar Instruments Annuities and Life Insurance Policies Other Assets N/A N/A N/A N/A N/A Canada Life; Wawanesa; State Farm Alpine Insurance & Financial Inc.: -Receivables from Alpine Insurance Inc. -Investment in Alpine Insurance Inc.

LIABILITIES
Mortgages Loans or Lines of Credit N/A Alpine Insurance & Financial Inc.: -Shareholder loans -BMO line of credit / demand loan 1653983 Alberta Ltd. -loans to Ken Hughes and Intact Insurance N/A N/A

Guarantees Other

FINANCIAL INTERESTS
Alpine Insurance Inc.

As at May 1, 2012, including material amendment changes to November 30, 2012

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