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Enbridge Inc. Declares Quarterly Dividends and Will Hold Third Quarter 2011 Financial Results Webcast Nov. 9

CALGARY, ALBERTA--(Marketwire - Oct. 28, 2011) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) announced today that its Board of Directors has declared a quarterly dividend of $0.245 per common share, payable on December 1, 2011 to shareholders of record on November 15, 2011.

In addition, the Board declared a quarterly dividend of $0.34375 per Series A Preferred Share payable on December 1, 2011 to shareholders of record on November 15, 2011.

Enbridge will host a webcast conference call to discuss its 2011 third quarter financial results as follows:

Event: Enbridge Inc. 2011 Third Quarter Financial Results Conference Call

Date: Wednesday, November 9, 2011

Time: 7:00 a.m. Mountain Time / 9:00 a.m. Eastern Time

Webcast Registration: sign-up

Dial-in # (Audio only)               -----------------------              North America:         1-866-804-6920Outside North America: +857-350-1666 Participant Passcode:  74708687      

A webcast replay will be available approximately two hours after the conclusion of the event and a transcript will be posted to the website within approximately 24 hours.

Audio Replay # (Available for 7 days after call)              --------------------------------------------------------------North America:           1-888-286-8010Outside North America:   +617-801-6888 Replay Passcode:         54567900      

The conference call will cover the Company's most recent financial results and may contain forward-looking statements. When used in the call, words such as "anticipate", "expect", "project", 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, economic conditions and commodity prices. You can find a discussion of those risks and uncertainties in our Canadian securities law 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.

About Enbridge Inc.

Enbridge Inc., a Canadian company, 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 860 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 approximately 6,400 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers, and one of the Top 100 Companies to Work for in Canada. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.

 

For more information please contact:

Enbridge Inc.
Jody Balko
Investment Community
(403) 231-5720
jody.balko@enbridge.com

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