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Press release from Marketwire

Enbridge Income Fund Announces Cash Distribution

Wednesday, November 17, 2010

Enbridge Income Fund Announces Cash Distribution16:15 EST Wednesday, November 17, 2010CALGARY, ALBERTA--(Marketwire - Nov. 17, 2010) - Enbridge Income Fund (the "Fund") (TSX:ENF.UN) today announced that a cash distribution of $0.096 per unit of the Fund ("Unit") will be paid on December 15, 2010 to holders of Units ("Unitholders") of record on November 30, 2010. A cash distribution of $0.096 per unit was also declared on the preferred units of Enbridge Commercial Trust, a subsidiary of the Fund.As disclosed in the Fund's third quarter MD&A, subject to approval of the Board of Trustees, a final distribution for the month of December 2010 will be paid by the Fund on January 15, 2011 to Unitholders of record on December 14, 2010, rather than a dividend from Enbridge Income Fund Holdings Inc. ("EIFH") as initially disclosed in the Fund's Information Circular dated March 31, 2010 relating to the Fund's restructuring.The restructuring of the Fund was approved by Unitholders and the Court of Queen Bench of Alberta and is expected to occur on or after December 15, 2010. Pursuant to the restructuring, the Units (except for 9,500,000 Units held by Enbridge Inc.), will be exchanged for common shares of EIFH ("EIFH Shares"). EIFH intends to adopt a quarterly dividend distribution policy, with the first quarterly dividend anticipated to be paid on April 15, 2011 to EIFH shareholders of record on March 31, 2011.EIFH also intends to adopt a distribution reinvestment plan (the "Plan") which will enable participants to elect, without brokerage fees, to automatically reinvest their monthly dividends in additional EIFH Shares. Details of the Plan will be available on EIFH's web site. The Plan will be similar to the distribution reinvestment plan currently administered by the Fund for the reinvestment of Units. Unitholders who are presently enrolled in the Fund's plan will automatically be enrolled in the Plan. Those not presently enrolled in the Fund's plan should contact their investment dealer to enroll.Enbridge Income Fund's trust units are listed and trade on the Toronto Stock Exchange ("TSX") under the symbol "ENF.UN". Following completion of the restructuring, the Units will be delisted. The EIFH Shares have been conditionally approved, subject to filing of final documentation, for listing on the TSX following completion of the restructuring, under the symbol "ENF".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., and a 50% interest in NRGreen Power Limited Partnership, which operates electrical generation facilities using waste heat, and holds 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.FOR FURTHER INFORMATION PLEASE CONTACT: Jennifer VareyEnbridge Income FundMedia(403) 508-6563jennifer.varey@enbridge.comORPatrick MurrayEnbridge Income FundInvestment Community(403) 508-3136patrick.murray@enbridge.comwww.enbridgeincomefund.com