Enbridge Inc.

Enbridge Inc.

April 23, 2013 16:15 ET

Enbridge Inc. Declares Quarterly Dividends

CALGARY, ALBERTA--(Marketwired - April 23, 2013) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) Enbridge Inc.'s Board of Directors has declared a quarterly dividend of $0.315 per common share, payable on June 1, 2013 to shareholders of record on May 15, 2013. The amount of the dividend is consistent with the March 1, 2013 dividend.

The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on June 1, 2013 to shareholders of record on May 15, 2013:

Preferred Shares, Series A $0.34375
Preferred Shares, Series B $0.25
Preferred Shares, Series D $0.25
Preferred Shares, Series F $0.25
Preferred Shares, Series H $0.25
Preferred Shares, Series J US$0.25
Preferred Shares, Series L US$0.25
Preferred Shares, Series N $0.25
Preferred Shares, Series P $0.25
Preferred Shares, Series R $0.25
Preferred Shares, Series 1(1) US$0.1808
(1) This is the first dividend declared for Preferred Shares, Series 1 which were issued March 27, 2013. The regular quarterly dividend payable on the Series 1 preferred shares, which will take effect on the September 1, 2013 dividend payment, is US$0.25 per share.

About Enbridge Inc.

Enbridge Inc. 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 five 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 close to 1,000 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind, solar and geothermal energy. Enbridge employs more than 10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers and one of Canada's Top 100 Employers for 2013. Enbridge is included on the 2012/2013 Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index. 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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