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Enbridge Announces Quarterly Interest Distributions for Preferred Securities

CALGARY, ALBERTA--Enbridge Inc. today announced that a quarterly

interest distribution of $0.475 per security will be paid on the

company's 7.60% Preferred Securities, Series B, on December 31,

2001, to holders of record at the close of business on December

14, 2001.

Enbridge also announced that a quarterly interest distribution of

$0.50 per security will be paid on the company's 8.00% Preferred

Securities, Series C, on December 31, 2001, to holders of record

at the close of business on December 14, 2001.

Enbridge Inc. is a publicly traded Canadian company and a leader

in energy transportation, distribution and services in North

America and internationally. The company operates, in Canada and

the U.S., the world's longest crude oil and liquids pipeline

system. It also owns and operates Canada's largest natural gas

distribution company serving approximately 1.5 million customers

in Ontario, Quebec and New York State.