SOURCE: Enbridge Energy Management, L.L.C.

Enbridge Energy Management, L.L.C.

August 03, 2012 12:45 ET

Enbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Second Quarter 2012

HOUSTON, TX--(Marketwire - Aug 3, 2012) - Enbridge Energy Management, L.L.C. (NYSE: EEQ) ("Enbridge Management") today confirmed that its previously declared share distribution, to be paid on August 14, 2012, will consist of 1.7294 additional shares for each 100 shares of record on August 7, 2012. 

The distribution of additional Enbridge Management shares is based on the notional cash value of the declared distribution of $0.5435 per share and the average closing price of Enbridge Management shares for the ten consecutive trading days prior to the ex-dividend date.

Enbridge Management, L.L.C. (www.enbridgemanagement.com) manages the business and affairs of Enbridge Energy Partners, L.P., and its principal asset is an approximate 14 percent interest in, Enbridge Energy Partners, L.P.

Enbridge Energy Partners, L.P. (www.enbridgepartners.com) owns and operates a diversified portfolio of crude oil and liquids petroleum transportation and storage assets and natural gas gathering, treating, processing, transportation and marketing assets in the United States. Its principal crude oil system is the largest transporter of growing oil production from western Canada. The system's deliveries to refining centers and connected carriers in the United States account for approximately 13 percent of total U.S. oil imports; while deliveries to Ontario, Canada satisfy approximately 70 percent of refinery demand in that region. The Partnership's natural gas gathering, treating, processing and transmission assets, which are located onshore in the active U.S. Mid-Continent and Gulf Coast area, deliver approximately 2.5 billion cubic feet of natural gas daily.

Contact Information

  • Investor Relations Contact:
    Sanjay Lad
    Toll-free: (866) 337-4636
    Toll-free: (866) EEQ INFO
    E-mail: eeq@enbridge.com