Enbridge to Undertake $1.8 Billion Edmonton to Hardisty

Enbridge to Undertake $1.8 Billion Edmonton to Hardisty Mainline
Expansion Program 
CALGARY, ALBERTA -- (Marketwire) -- 11/22/12 -- Enbridge Inc.
(TSX:ENB)(NYSE:ENB) announced today that its wholly owned subsidiary,
Enbridge Pipelines Inc., has reached agreement with shippers on the
terms of a $1.8 billion expansion of its mainline system between
Edmonton and Hardisty, Alberta. The expansion will include a new
36-inch line, plus additional tankage and terminal facilities at
Edmonton and Hardisty. Initial capacity of the new line will be
570,000 barrels per day (bpd) with expansion potential to 800,000
bpd; and a target in service date in mid-2015.  
The new line and facilities will be included within Enbridge
Pipelines Inc.'s Mainline Competitive Toll Settlement (CTS) agreement
with the addition of a $0.25 surcharge on all Edmonton to Hardisty
shipments. The agreement also provides for an adjustment to receipt
tankage fees if the utilization of the new facilities falls below the
planned level. Construction of the facilities will require regulatory
"The Edmonton to Hardisty expansion program will align the capability
of our system with our shippers' plans for how their growth in crude
oil volumes will be divided between volumes entering our system at
the Edmonton and Hardisty crude oil hubs," said Stephen J. Wuori,
President, Liquids Pipelines, Enbridge Inc. "The agreement with
shippers on terms for the expansion continues our collaborative
relationship, ensuring that we provide the facilities and services
they need to maximize the value of their crude oil.  
"The capital for this program was provided for within the $12 billion
of highly probable unsecured investment opportunities included in our
current funding plans. It is the first major project in this category
to achieve commercially secured status, bringing our enterprise-wide
commercially secured total to $20 billion." 
Enbridge anticipates filing an application with the National Energy
Board by the end of the year. Subject to the receipt of required
regulatory approvals, Enbridge expects to begin construction
activities as early as the first quarter of 2014. The route of the
proposed 179-kilometre pipeline between Edmonton and Hardisty is
expected to generally follow the same route as Enbrid
ge's existing
Line 4 Pipeline which will minimize impacts on stakeholders and the
"As a company with long-standing operations in Alberta, we're
committed to ensuring we build and operate our facilities safely,
reliably and with respect for local communities and the environment,"
said Mr. Wuori. "If approved, the Edmonton to Hardisty expansion
project is expected to generate tax benefits and create economic
opportunities in local communities where we will strive to use
qualified local contractors and businesses as much as possible. Over
coming months, Enbridge representatives will be consulting with
stakeholders and Aboriginal communities along the right-of-way to
seek their input and to provide updates on the project." 
Enbridge is the leading pipeline operator in the Fort McMurray to
Edmonton/Hardisty corridor and well positioned to tie-in new oil sand
developments to mainline pipelines and increase capacity for current
customers. Enbridge's Regional Oil Sands Infrastructure includes the
Athabasca and Waupisoo pipeline systems, which currently connect six
producing oil sands projects, and which, through commercially secured
expansions, will connect eight producing oil sands projects by 2014.  
More information and a map of the proposed Edmonton to Hardisty
expansion project is available at
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.  
Certain information provided in this news release constitutes
forward-looking statements. The words "anticipate", "expect",
"project", "estimate", "forecast" and similar expressions are
intended to identify such forward-looking statements. Although
Enbridge believes that these statements are based on information and
assumptions which are current, reasonable and complete, these
statements are necessarily subject to a variety of risks and
uncertainties pertaining to operating performance, regulatory
parameters, weather, economic conditions and commodity prices. You
can find a discussion of those risks and uncertainties in our
Canadian securities filings and American SEC filings. While Enbridge
makes these forward-looking statements in good faith, should one or
more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
significantly from those expected. Except as may be required by
applicable securities laws, Enbridge assumes no obligation to
publicly update or revise any forward-looking statements made herein
or otherwise, whether as a result of new information, future events
or otherwise. visit www.enbridge.com. 
Enbridge Inc.
Graham White
(403) 508-6563
(888) 992-0997
Enbridge Inc.
Jody Balko
Investment Community
(403) 231-5720
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