Encana Amends Its Dividend Reinvestment Plan

Encana Amends Its Dividend Reinvestment Plan 
CALGARY, ALBERTA -- (Marketwire) -- 03/25/13 -- Encana Corporation
(TSX:ECA) (NYSE:ECA) ("Encana") today announced that it has amended
its Dividend Reinvestment Plan (the "DRIP") to permit the company to
issue from its treasury Encana common shares at a discount to the
average market price for the common shares (as defined in the DRIP)
for the applicable dividend payment date. Beginning in the second
quarter of 2013, Encana's Board of Directors has determined that all
common shares distributed to participating shareholders pursuant to
the DRIP will be newly issued from Encana's treasury at a discount of
two percent. 
By participating in the DRIP, shareholders can automatically reinvest
all or any portion of the cash dividends paid on their common shares
in additional Encana common shares, without charge for any
commissions, service charges or brokerage fees under the DRIP. By
issuing common shares at a discount under the DRIP, Encana is seeking
to encourage greater shareholder participation in the program.  
Shareholders who currently participate in the DRIP will automatically
have the discount applied to the reinvestment of any future cash
dividends declared by the Board of Directors, and do not need to
complete a revised Enrollment Authorization Form to continue to
participate in the DRIP. The two percent discount will remain in
effect for all cash dividends that may be declared by Encana's Board
of Directors, beginning in the second quarter of 2013, until
otherwise announced by Encana. 
Registered shareholders who wish to participate in the DRIP must
deliver a completed Enrollment Authorization Form to CIBC Mellon
Trust Company, as DRIP Agent, no later than 4:00 p.m. (Toronto time)
on the fifth (5th) business day immediately preceding the record date
for the payment of cash dividends on common shares. Beneficial owners
of common shares who wish to participate in the DRIP must arrange
with their broker, investment dealer, financial institution or other
nominee to enroll in the DRIP on their behalf. Nominee holders of
common shares should consult the DRIP for instructions on enrolling
one or more eligible beneficial owners of common shares who wish to
participate in the DRIP. 
A complete copy of the DRIP, together with a re
lated series of
Questions and Answers and an Enrollment Authorization Form, are
available on Encana's website at www.encana.com or by contacting CIBC
Mellon Trust Company at (866) 580-7145 or (416) 682-3863 or by email
at inquiries@canstockta.com. 
Encana Corporation 
Encana is a leading North American energy producer that is focused on
growing its strong portfolio of diverse resource plays producing
natural gas, oil and natural gas liquids. By partnering with
employees, community organizations and other businesses, Encana
contributes to the strength and sustainability of the communities
where it operates. Encana common shares trade on the Toronto and New
York stock exchanges under the symbol ECA. 
Further information on Encana Corporation is available on the
company's website, www.encana.com.
Encana Corporation - Investor contact:
Ryder McRitchie
Vice President Investor Relations & Corporate Communications
(403) 645-2007 
Encana Corporation - Investor contact:
Lorna Klose
Manager, Investor Relations
(403) 645-6977 
Encana Corporation - Media contact:
Jay Averill
Manager, Media & Public Relations
(403) 645-4747
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