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Enbridge announces quarterly interest distributions for Preferred Securities

December 4, 2000

CALGARY, ALBERTA--(December 4, 2000) - 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

on December 29, 2000, to holders of record at the close of

business on December 15, 2000.

Enbridge also announced that a quarterly interest distribution of

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

Securities on December 29, 2000, to holders of record at the close

of business on December 15, 2000.

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.

Visit the Enbridge web site at www.enbridge.com