October 29, 2010 / 3:45 PM / in 7 years

BRIEF-TransAlta sees weak market conditions in 2011

Oct 29 (Reuters) - TransAlta Corp TA.TO third-quarter results conference call:

* Sees 2010 cash flow at low end of C$800 mln-C$900 mln target range

* To lift 2010 capex by C$15 mln to C$475 mln-$535 mln

* CEO says does not see 2011 market conditions improving materially over 2010

* CEO says open to acquisition opportunities amid attractive asset values

* Says aims to build up company along West Coast of North America (Reporting by Jeffrey Jones)

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