Enbridge Inc.
TSX : ENB
NYSE : ENB

Enbridge Inc.

January 16, 2007 16:19 ET

Enbridge Announces 7% Dividend Increase

CALGARY, ALBERTA--(CCNMatthews - Jan. 16, 2007) - The Enbridge Inc. (TSX:ENB) (NYSE:ENB) Board of Directors today declared a quarterly dividend of $ 0.3075 per common share, reflecting a 7% increase in the quarterly rate, payable on March 1, 2007 to shareholders of record on February 15, 2007.

Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. As a transporter of energy, Enbridge operates, in Canada and the United States, the world's longest crude oil and liquids pipeline 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 employs approximately 5,000 people, primarily in Canada, the United States and South America. Information about Enbridge is available on the Company's website at www.enbridge.com.

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