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Enbridge Announces Quarterly Interest Distribution for Preferred Securities

CALGARY, ALBERTA--(CCNMatthews - March 1, 2005) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced that a quarterly interest distribution of $0.4875 per security will be paid on the company's 7.80% Preferred Securities, Series D, on March 31, 2005, to holders of record at the close of business on March 15, 2005.

Enbridge Inc. is a leader in energy transportation and distribution in North America and internationally. As a transporter of energy, Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system. 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. The Company also has international operations and a growing involvement in the natural gas transmission and midstream businesses.

Enbridge's common shares trade on the Toronto Stock Exchange in Canada and on the New York Stock Exchange in the U.S. under the symbol ENB. Information about Enbridge is available on the Company's web site at www.enbridge.com.
 

For more information please contact:

Enbridge Inc.
Jim Rennie
Media
(403) 231-3931
Email: jim.rennie@enbridge.com

or

Enbridge Inc.
Colin Gruending
Investment Community
(403) 231-5919
Email: colin.gruending@enbridge.com
Website: www.enbridge.com