Enbridge Income Fund

Enbridge Income Fund

May 16, 2008 16:15 ET

Enbridge Income Fund Announces Cash Distribution

CALGARY, ALBERTA--(Marketwire - May 16, 2008) - Enbridge Income Fund (TSX:ENF.UN) today announced that a monthly cash distribution in the amount of $0.086 per ordinary unit, and a special one-time cash distribution in the amount of $0.024 per unit, for a total distribution of $0.11 per unit, will be paid on June 13, 2008, to unitholders of record on May 30, 2008.

A cash distribution of $0.086 per unit and a special one-time cash distribution of $0.024 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.

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 infrastructure assets. It owns a 50% interest in the Canadian segment of the Alliance Pipeline, a 100% interest in Enbridge Pipelines (Saskatchewan) Inc., a 50% interest in NRGreen Power Limited Partnership, which is developing electrical generation opportunities with waste heat, and interests in three wind power projects in Western Canada. Information about Enbridge Income Fund is available on the Fund's web site at www.enbridgeincomefund.com.

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