Enbridge Income Fund

Enbridge Income Fund

December 16, 2008 16:15 ET

Enbridge Income Fund Announces Cash Distribution

CALGARY, ALBERTA--(Marketwire - Dec. 16, 2008) - Enbridge Income Fund (TSX:ENF.UN) today announced that a monthly cash distribution, in the amount of $0.086 per ordinary unit, will be paid on January 15, 2009, to unitholders of record on December 31, 2008. A cash distribution of $0.086 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.

On November 3, 2008, the Fund announced that it will increase regular monthly distributions from $0.086 to $0.096 per unit, effective with the distribution to be paid to unitholders of record at the end of January 2009. The distribution increase reflects the increased cash flow generated by organic growth projects, which come into service in 2008.

Pursuant to the Fund's Distribution Reinvestment Plan (the "Plan"), participants may elect, without brokerage fees, to automatically reinvest their monthly distributions in 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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