Mr. Barry Perry reports

FORTIS INC. TO COMMENCE TRADING ON NEW YORK STOCK EXCHANGE

Fortis Inc. expects its common shares will commence trading on the New York Stock Exchange on or about Oct. 14, 2016, under the ticker symbol FTS. Fortis will retain its listing on the Toronto Stock Exchange under the symbol FTS.

Fortis announced its intention to list on the NYSE earlier this year in connection with the agreement and plan of merger pursuant to which Fortis will acquire ITC Holdings Corp. (ITC) in a transaction valued at approximately $11.3-billion (U.S.). The transaction is expected to close on or about Oct. 14, 2016. Fortis received approval to list on the NYSE on May 6, 2016. Following the closing of the merger with ITC, approximately 60 per cent of the corporation's assets will be located in the United States.

"We are excited to see the Fortis ticker run across the NYSE screens, improving access for a broader group of investors and trading activity for Fortis shares in the U.S.," said Barry Perry, president and chief executive officer of Fortis.

The corporation will celebrate its listing by ringing the NYSE opening bell on Oct. 18, 2016.

About Fortis

Fortis is a leader in the North American electric and gas utility business, with total assets of approximately $29-billion as of June 30, 2016, and revenue of $6.7-billion for the fiscal year 2015. As of June 30, 2016, the corporation's asset mix is approximately 94 per cent regulated (69 per cent electric and 25 per cent gas), with the remaining 6 per cent composed of non-regulated energy infrastructure. The corporation's regulated utilities serve more than three million customers across Canada, the United States and the Caribbean.

We seek Safe Harbor.