Enbridge Income Fund

Enbridge Income Fund

November 17, 2005 16:15 ET

Enbridge Income Fund Announces Cash Distribution

CALGARY, ALBERTA--(CCNMatthews - Nov. 17, 2005) - Enbridge Income Fund (TSX:ENF.UN) today announced that a monthly cash distribution, in the amount of $0.0758333 per ordinary unit, will be paid on December 15, 2005, to unitholders of record on November 30, 2005. A cash distribution of $0.0758333 per unit was also declared on the subordinated units of the Fund and the preferred units of Enbridge Commercial Trust, a subsidiary entity of the Fund.

At its November 1, 2005, meeting, the Trustees of the Enbridge Income Fund approved an increase in the monthly distribution to unitholders from $0.0758333 to $0.0765916, or 1% per annum, effective with the distribution payable February 15, 2006 to unitholders of record as at January 31, 2006.

Pursuant to the Fund's Distribution Reinvestment and Unit Purchase Plan (the "Plan"), participants may elect, without brokerage fees, to automatically reinvest monthly distributions in additional units of the Fund, and may make optional cash payments of up to $1,000 per month (subject to a minimum of $100 per month) to purchase additional units of the Fund. Details of the Plan are available on the Fund's website (see below). Investors should contact their respective investment dealer to enroll.

Enbridge Income Fund's ordinary units are listed and trade on the Toronto Stock Exchange under the symbol "ENF.UN".

Enbridge Income Fund is an unincorporated, open-ended trust created to provide a stable and sustainable flow of distributable cash to unitholders. The Fund is a premier income fund in Canada with a low-risk profile focused on energy pipeline transportation assets. Its assets include a 50% interest in the Canadian segment of the Alliance Pipeline and a 100% interest in Enbridge Pipelines (Saskatchewan) Inc. Information about Enbridge Income Fund is available on the Fund's web site at www.enbridgeincomefund.com.

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