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Enbridge Inc. Declares Quarterly Dividends


Enbridge Inc. Declares Quarterly Dividends

CALGARY, ALBERTA -- (Marketwire) -- 10/24/12 -- Enbridge Inc.'s (TSX:ENB) (NYSE:ENB) Board of Directors has declared a quarterly dividend of $0.2825 per common share, payable on December 1, 2012 to shareholders of record on November 15, 2012. The amount of the dividend is consistent with the September 1, 2012 dividend.

The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on December 1, 2012 to shareholders of record on November 15, 2012:


 
Preferred Shares, Series A                                       $   0.34375
Preferred Shares, Series B                                       $      0.25
Preferred Shares, Series D                                       $      0.25
Preferred Shares, Series F                                       $      0.25
Preferred Shares, Series H                                       $      0.25
Preferred Shares, Series J                                           US$0.25
Preferred Shares, Series L                                           US$0.25
Preferred Shares, Series N(1)                                    $    0.3753
Preferred Shares, Series P(2)                                    $    0.2164
                                                                            
                                                                            
(1) This is the first dividend declared for Preferred Shares, Series N which
 were issued July 17, 2012. The regular quarterly dividend payable on the   
 Series N preferred shares, which will take effect on the March 1, 2013     
 dividend payment, is $0.25 per share.                                      
                                                                            
(2) This is the first dividend declared for Preferred Shares, Series P which
 were issued Sept. 13, 2012. The regular quarterly dividend payable on the  
 Series P preferred shares, which will take effect on the March 1, 2013     
 dividend payment, is $0.25 per share.                                      

About Enbridge Inc.

Enbridge Inc. is a North American leader in delivering energy and one of the Global 100 Most Sustainable Corporations. As a transporter of energy, Enbridge operates, in Canada and the U .S., the world's longest crude oil and liquids transportation system. The Company also has a significant and growing involvement in natural gas gathering, transmission and midstream businesses, and an increasing involvement in power transmission. As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. As a generator of energy, Enbridge has interests in close to 1,000 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy, geothermal and hybrid fuel cells. Enbridge employs more than 10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers and one of Canada's Top 100 Employers for 2013. Enbridge is included on the 2012/2013 Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index and is also a constituent of the 2012/2013 FTSE4Good Index Series. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com. Contacts: Enbridge Inc. Investment Community Jody Balko (403) 231-5720 jody.balko@enbridge.com

Enbridge Inc. Media Jennifer Varey (403) 508-6563/(888) 992-0997 jennifer.varey@enbridge.com www.enbridge.com

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