Westcoast Energy Declares Dividends

VANCOUVER, Nov. 6, 2012 /CNW/ - Westcoast Energy Inc. ("Westcoast") declared 
the following quarterly dividends: 
1. 5.50% CUMULATIVE FIRST PREFERRED SHARES, SERIES 7:  A dividend of 
 34.375 cents per share payable on January 15, 2013 to shareholders 
 of record at the close of business on January 1, 2013.
  2. 5.60% CUMULATIVE FIRST PREFERRED SHARES, SERIES 8:  A dividend of 


     35.00 cents per share payable on January 15, 2013 to shareholders
     of record at the close of business on January 1, 2013.


All dividends paid or deemed paid for Canadian federal, provincial or 
territorial income tax purposes to be paid on or after January 1, 2006 by 
Westcoast including the dividends above are designated eligible dividends 
pursuant to Subsection 89(14) of the Income Tax Act (Canada) or similar 
provincial or territorial legislation. This designation continues to apply in 
the future unless otherwise notified by Westcoast. An eligible dividend 
received by a Canadian resident individual shareholder is entitled to the 
enhanced dividend tax credit. 
Westcoast is an indirect subsidiary of Spectra Energy Corp. 
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North 
America's premier natural gas infrastructure companies serving three key links 
in the natural gas value chain: gathering and processing, transmission and 
storage, and distribution. For more than a century, Spectra Energy and its 
predecessor companies have developed critically important pipelines and 
related infrastructure connecting natural gas supply sources to premium 
markets. Based in Houston, Texas, the company's operations in the United 
States and Canada include more than 19,000 miles of transmission pipeline, 
approximately 305 billion cubic feet of storage, as well as natural gas 
gathering and processing, natural gas liquids and local distribution 
operations. The company also has a 50 percent ownership in DCP Midstream, one 
of the largest natural gas gatherers and processors in the United States. 
Spectra Energy is a member of the Dow Jones Sustainability World and North 
America Indexes and the Carbon Disclosure Project's Global 500 and S&P 500 
Carbon Disclosure Leadership Indexes. For more information, visit 
www.spectraenergy.com. 
Media: Rosemary Silva Spectra Energy (604) 488-8147 
SOURCE: Westcoast Energy Inc. 
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CO: Westcoast Energy Inc.
ST: British Columbia
NI: DIV  
-0- Nov/06/2012 21:53 GMT