An anonymous director reports

ENBRIDGE INC. AND ENBRIDGE PIPELINES INC. ANNOUNCE COMPLETION OF DEBT EXCHANGE TRANSACTION

Enbridge Inc. and its wholly owned subsidiary Enbridge Pipelines Inc. have completed the previously announced transaction to exchange all outstanding series of EPI's medium-term-note debentures (EPI notes) for an equal principal amount of newly issued medium-term notes of Enbridge, having financial terms that are the same as the financial terms of the EPI notes.

The completion of the note exchange transaction gives EPI the flexibility to operate its business while also delivering a range of operational, structural and capital market benefits to EPI, Enbridge and the former EPI noteholders.

BMO Nesbitt Burns Inc. acted as the solicitation agent for the note exchange transaction, Computershare Investor Services Inc. acted as the tabulation agent, and Sodali & Co. acted as the information agent.

About Enbridge Inc.

At Enbridge, it safely connects millions of people to the energy they rely on every day, fuelling quality of life through its North American natural gas, oil and renewable power networks and its growing European offshore wind portfolio. It is investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. It is advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered in Calgary, Alta., Enbridge has common shares that trade under the symbol ENB on the Toronto and New York stock exchanges.

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