TransCanada Appoints New Independent Director

TransCanada Appoints New Independent Director 
CALGARY, ALBERTA -- (Marketwired) -- 06/19/13 -- TransCanada
Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced the
appointment of a new independent director, Mr. John Richels,
effective immediately. 
Mr. Richels has been the president and chief executive officer of
Devon Energy Corporation (Devon) since 2010, having previously served
as president of Devon since 2004. Prior to that, he served as a
senior vice president of Devon and president and chief executive
officer of Devon's Canadian subsidiary, Devon Canada Corporation,
from 1999 through 2004. In 1998, Devon acquired Northstar Energy
Corporation (Northstar), where Mr. Richels held the position of chief
financial officer. Before joining Northstar, Mr. Richels was the
managing and chief operating partner of the national law firm Bennett
Jones LLP. 
Since 2013, Mr. Richels has served on the board of directors of BOK
Financial Corp. and since 2007 he has served on the board of
directors of Devon. From 1993 to 1996, he served on the board of
directors of Northstar. Mr. Richels also served as vice-chairman of
the board of governors of the Canadian Association of Petroleum
Mr. Richels has a bachelor's degree in economics from York University
and a law degree from the University of Windsor. 
"We are extremely pleased to welcome Mr. Richels to the board of
directors to contribute to our vision of being the leading energy
infrastructure company in North America," said Barry Jackson, chair,
TransCanada. "His extensive experience in the oil and gas industry
combined with his management and leadership abilities will be an
important asset for TransCanada." 
With more than 60 years' experience, TransCanada is a leader in the
responsible development and reliable operation of North American
energy infrastructure including natural gas and oil pipelines, power
generation and gas storage facilities. TransCanada operates a network
of natural gas pipelines that extends more than 68,500 kilometres
(42,500 miles), tapping into virtually all major gas supply basins in
North America. TransCanada is one of the continent's largest
providers of gas storage and related services with more than 400
billion cubic feet of storage capacity. A growing independent power
producer, TransCanada owns or has interests in over 11,800 megawatts
of power generation in Canada and the United States. TransCanada is
developing one of North America's largest oil delivery systems.
TransCanada's common shares trade on the Toronto and New York stock
exchanges under the symbol TRP. For more information visit: or check us out on Twitter @TransCanada or 
Media Enquiries:
Shawn Howard/Grady Semmens
403.920.7859 or 800.608.7859 
Investor & Analyst Enquiries:
David Moneta/Lee Evans
403.920.7911 or 800.361.6522
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