Mr. Sanjay Lad reports

ENBRIDGE ENERGY PARTNERS LP DECLARES DISTRIBUTION INCREASE AND REPORTS EARNINGS FOR SECOND QUARTER 2015

Enbridge Inc.'s Enbridge Energy Partners LP's board of directors has declared a cash distribution of 58.3 cents per unit, or $2.332 per unit on an annualized basis, representing a 2.3-per-cent increase over the previous quarter's distribution and a 5-per-cent increase compared with the second quarter of 2014. The distribution will be paid on Aug. 14, 2015, to unitholders of record as of the close of business on Aug. 7, 2015.

Second quarter highlights:

• Announced 2.3-per-cent quarterly distribution increase, representing a 5-per-cent increase compared with the second quarter of 2014;
• Additional pipeline expansion projects placed into service: Line 61 to 800,000 barrels per day and Line 67 to 800,000 bpd;
• Strong liquids pipeline system deliveries: approximately 8 per cent higher than the second quarter 2014;
• Reported second quarter adjusted earnings before interest, taxes, depreciation and amortization and distributable cash flow of $422.4-million and $231.6-million, respectively;
• Announced actions to strengthen Midcoast Energy Partners LP and provided update on timing of next drop-down proposal to MEP;
• Minnesota Public Utility Commission approved certificate of need for the partnership's proposed Sandpiper pipeline project;
• Update on potential transfer of U.S. liquids pipeline assets from Enbridge Inc. to the partnership.

"We are pleased with the partnership's financial performance through the first half of 2015, supported by continued strong deliveries on our liquids pipeline systems and complemented by the cash flow contributions from the completion of portions of our multibillion-dollar organic growth program. We expect deliveries on our liquids pipeline systems to remain strong as we progress our market access programs, providing our customers with expanded pipeline connectivity to premium North American crude oil markets," said Mark Maki, president for the partnership.

"Turning to project execution, we recently completed two key components of our mainline expansions. Our Line 61 Southern Access expansion to 800,000 barrels per day between Superior, Wis., to Flanagan, Ill., entered service in May, and in July, we completed the second phase of expansion of our Line 67 Alberta Clipper pipeline, increasing the line's capacity to 800,000 bpd. Looking forward, we are on track to complete our Line 78 Chicago Connectivity project, which will add an incremental 570,000 bpd of capacity between Flanagan, Ill., and Griffith, Ind., later this year. These expansion projects are underpinned by long-term, low-risk cost of service structures that will deliver highly certain earnings and cash flow growth. In June, we reached an important milestone on the Sandpiper pipeline project with approval of the certificate of need by the Minnesota PUC. The partnership continues to work co-operatively with the regulatory and permitting authorities, state agencies, elected officials, and the public as we proceed with the route-permitting process.

"Next, we recently announced actions that we expect will continue to strengthen MEP and enhance its ability to deliver distribution growth through 2017. MEP is strategic to EEP, and these actions are geared to provide value to EEP unitholders through improved performance in the natural gas business and lowering external financing needs of EEP by re-establishing MEP as a drop-down MLP.

"The review of a potential transfer of Enbridge's U.S. liquids pipelines assets to EEP is ongoing. However, at this time, market conditions do not support a large-scale drop-down. The longer-term outlook for the partnership remains strong, with over $5-billion of low-risk secured growth projects coming into service through 2018 and options to increase our economic interest in jointly funded projects with Enbridge. EEP remains important to Enbridge's overall strategy, and Enbridge is continuing certain actions to support EEP during this time of significant organic growth. Enbridge has a large inventory of U.S. liquids pipeline assets, which are well suited to EEP, and Enbridge continues to evaluate opportunities to generate value through selective drop-downs as market conditions improve. The partnership's current organic growth projects, together with the asset drop-down potential from our general partner and future low-cost system expansion opportunities, support our confidence in the partnership's long-term growth outlook," noted Mr. Maki.

Adjusted net income for the three-month period ended June 30, 2015, as reported herein, eliminates the effect of: (a) non-cash, mark-to-market net gains and losses; (b) non-cash goodwill impairment, environmental costs, net of insurance recoveries, associated with the Line 6B incident, and other adjustments.

Adjusted net income of $120.5-million for the second quarter of 2015 was $13.4-million higher than the same period from the prior year. Higher earnings were primarily attributable to additional assets placed into service, the partnership's drop-down acquisition of the 66.7-per-cent interest in the U.S. segment of the Alberta Clipper pipeline from Enbridge and higher revenues attributable to an increase in deliveries on liquids pipeline systems.

During the second quarter, the partnership attributed approximately $22.5-million of earnings to its outstanding Series 1 preferred units. This amount is deducted from net income to arrive at the amount of net income attributable to the general and limited partners. Preferred distributions are accrued at an annual rate of 7.5 per cent.

In a key recent development, the limited partnership agreement has been amended to restructure the terms of the Series 1 preferred units to strengthen the partnership's near- to medium-term distributable cash flow outlook. The amendment extends the payment deferral for distributions accruing for the Series 1 preferred units through June 30, 2018, and alters the repayment schedule of those deferrals to allow repayment of the accumulated deferral amount in equal amounts over a 12-quarter period beginning in early 2019. Additionally, the amendment extends the current preferred distribution accrual rate until June 30, 2020.

Management expects the partnership's previously communicated full-year 2015 distributable cash flow and coverage outlook to remain intact at between $900-million to $960-million, with full-year 2015 coverage to be between 0.90 to 0.96 times.

                     COMPARATIVE EARNINGS STATEMENT
             (dollars in millions except per-unit amounts)  

                                       Three months ended    Six months ended
                                             June 30,            June 30,
                                          2015       2014     2015       2014

Operating revenue                     $1,313.1   $1,871.1 $2,741.7   $3,950.7
Operating expenses
Commodity cost                           670.6    1,259.8  1,449.7    2,748.5
Environmental costs, net of
recoveries                                (0.8)      38.2       --       43.2
Operating and administrative             207.2      224.6    424.3      441.6
Power                                     57.2       54.2    120.8      104.6
Depreciation and amortization            129.5      113.4    257.9      217.2
Goodwill impairment                      246.7         --    246.7         --
Asset impairment                          12.3         --     12.3         --
Operating income (loss)                   (9.6)     180.9    230.0      395.6
Interest expense                          78.0       80.2    126.3      157.1
Allowance for equity used during
construction                              17.3       12.6     40.3       33.3
Other income                               6.0        1.2     11.9        0.4
Income (loss) before income tax
expense                                  (64.3)     114.5    155.9      272.2
Income tax expense (benefit)              (3.8)       2.0     (1.4)       4.0
Net income (loss)                        (60.5)     112.5    157.3      268.2
Less: net income attributable to
Non-controlling interest                  10.0       42.4     61.3       78.7
Series 1 preferred unit
distributions                             22.5       22.5     45.0       45.0
Accretion of discount on Series 1
preferred units                            4.1        3.7      8.0        7.3
Net income (loss) attributable to
general and limited partner
ownership interests in Enbridge
Energy Partners LP                    $  (97.1) $    43.9 $   43.0  $   137.2
Less: allocations to general partner      52.3       38.9    106.5       73.3
Net income (loss) allocable to
common units and i-units              $ (149.4) $     5.0 $  (63.5) $    63.9
Net income (loss) per limited
partner unit (basic)                  $  (0.44) $    0.02 $  (0.18) $    0.19
Net income (loss) per common unit
and i-unit (diluted)                  $  (0.44) $    0.02 $  (0.18) $    0.19

Goodwill impairment

During the three-month period ended June 30, 2015, an analysis for impairment was performed for the partnership's natural gas business after the partnership learned from customers that reductions in drilling will be prolonged in the producing basins in which it operates due to the continued low-price commodity environment. As a result of this analysis, it was concluded that $246.7-million of goodwill was impaired.

Comparison of quarterly results

Following are explanations for significant changes in the partnership's financial results, comparing the three- and six-month periods ended June 30, 2015, with the same periods of 2014. The comparison refers to adjusted operating income, which excludes the effect of non-cash and other items that are not indicative of its core operating results.

Liquids

Second quarter adjusted operating income for the liquids segment increased $37.8-million to $270.6-million over the comparable period in 2014. Higher revenues in the second quarter were attributable to an increase in transportation rates and higher deliveries on the partnership's liquids pipeline systems, in addition to meaningful contributions from growth projects placed into service in 2014. Total liquids system deliveries increased approximately 8 per cent over the same period from the prior year. The partnership placed approximately $2.5-billion of growth projects into service in 2014 through the completion of a large component of its Eastern Access program, specifically the Line 6B replacement project from Griffith, Ind., to the international border, and the first phase of its mainline expansions. Collectively, these growth projects were the main drivers for the increase in revenues and system deliveries during the second quarter of 2015 over the comparable period in 2014.

Natural gas

Second quarter adjusted operating income for the natural gas segment was $3.9-million lower compared with the same period of 2014. The decrease in adjusted operating income was predominantly attributable to lower natural gas throughput and natural gas liquids production volumes on the partnership's major systems. The decrease in natural gas and NGL volumes was primarily attributable to the continued low commodity price environment for natural gas, NGLs, condensate and crude oil, which has resulted in reductions in drilling activity from producers in the areas the partnership operates.

Enbridge Energy Management LLC distribution

Enbridge Energy Management declared today a distribution of 58.3 cents per share payable on Aug. 14, 2015, to shareholders of record on Aug. 7, 2015. The distribution will be paid in the form of additional shares of Enbridge Management valued at the average closing price of the shares for the 10 trading days prior to the ex dividend date on Aug. 5, 2015. Enbridge Management's sole asset is its approximate 14.7-per-cent limited partner interest in Enbridge Partners. Enbridge Management's results of operations, financial condition and cash flows depend on the results of operations, financial condition and cash flows of Enbridge Partners, which are summarized herein for the second quarter of 2015.

Management review of quarterly results

Enbridge Partners will host a conference call at 5 p.m. Eastern Time on July 30, 2015, to review its second quarter 2015 financial results. The call will be webcast live over the Internet and may be accessed on Enbridge Partners' website under events and presentations.

A replay will be available shortly afterward. Presentation slides and condensed financial statements will also be available.

The audio portion of the live presentation will be accessible by telephone at 844-298-9821 (passcode 83942472) and can be replayed for 14 days after the call by calling 855-859-2056 (passcode 83942472). An audio replay will also be available for download in MP3 format.

About Enbridge Energy Partners

Enbridge Energy Partners owns and operates a diversified portfolio of crude oil and, through its interests in Midcoast Energy Partners LP, natural gas transportation systems in the United States. Its principal crude oil system is the largest pipeline transporter of growing oil production from Western Canada and the North Dakota Bakken formation. The system's deliveries to refining centres and connected carriers in the United States account for approximately 17 per cent of total U.S. oil imports. Midcoast Partners' natural gas gathering, treating, processing and transmission assets, which are principally located onshore in the active U.S. mid-continent and Gulf coast areas, deliver approximately 2.2 billion cubic feet of natural gas daily. Enbridge Partners is recognized by Forbes as one of the 100 most trustworthy companies in America.

About Enbridge Energy Management

Enbridge Management manages the business and affairs of Enbridge Partners, and its sole asset is an approximate 14.7-per-cent limited partner interest in Enbridge Partners. Enbridge Energy Company Inc., an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alta., Canada, is the general partner of Enbridge Partners and holds an approximate 42-per-cent interest in Enbridge Partners, together with all of the outstanding preferred units and Class B, D and E units in Enbridge Partners. Enbridge Management is the delegate of the general partner of Enbridge Partners.

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