Enbridge Inc.
TSX : ENB
NYSE : ENB

Enbridge Inc.

December 05, 2014 16:15 ET

Enbridge Announces Adoption of Advance Notice Bylaw

CALGARY, ALBERTA--(Marketwired - Dec. 5, 2014) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) today announced the adoption by its Board of Directors of Bylaw No. 2 of the Company (the Advance Notice Bylaw), a bylaw establishing a framework for advance notice of nominations of directors by shareholders of the Company (Shareholders).

The Advance Notice Bylaw is similar to the advance notice bylaws adopted by many other Canadian public companies. Specifically, it provides for advance notice of nominations of directors in circumstances where nominations of persons for election to the Board of Directors are made by Shareholders. The Advance Notice Bylaw is intended to provide a transparent and fair process for nominating directors of the Company in connection with any annual or special meeting of Shareholders.

For an annual meeting of Shareholders (including an annual and special meeting), notice to the Company must be not less than 30 days prior to the date of the meeting. In the event that the annual meeting is to be held on a date that is less than 50 days following public announcement of notice of the meeting, notice may be given not later than the close of business on the 10th day following the date of such public announcement.

For a special meeting of Shareholders (which is not also an annual meeting), notice to the Company must be given not later than the close of business on the 15th day following the day on which public announcement of the special meeting was made.

At the next meeting of Shareholders, Shareholders will be asked to confirm and ratify the by-law. If the bylaw is not confirmed at the annual shareholders' meeting by an ordinary resolution of the Shareholders, it will be of no further force and terminate. A copy of the Advance Notice Bylaw can be found under the Company's profile on SEDAR at www.sedar.com and has been posted on the Company's website at www.enbridge.com.

About Enbridge Inc.

Enbridge Inc., a Canadian Company, is a North American leader in delivering energy and has been included on the Global 100 Most Sustainable Corporations in the World ranking for the past six years. 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 more than 1,800 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy and geothermal. Enbridge employs more than 10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Top 100 Employers for 2014. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.

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