Enbridge Inc.

Enbridge Inc.

March 01, 2005 12:00 ET

Enbridge Announces Quarterly Interest Distribution for Preferred Securities


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ENBRIDGE INC.

TSX, NYSE SYMBOL: ENB

MARCH 1, 2005 - 12:00 ET

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.

-30-

Contact Information