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Press release from Marketwire

Enbridge Income Fund Holdings Inc. to Webcast Special Meeting of Shareholders

Wednesday, October 12, 2011

Enbridge Income Fund Holdings Inc. to Webcast Special Meeting of Shareholders16:18 EDT Wednesday, October 12, 2011CALGARY, ALBERTA--(Marketwire - Oct. 12, 2011) - Enbridge Income Fund Holdings Inc. (the "Company") (TSX:ENF) will hold a Special Meeting of Shareholders on Monday, October 17, 2011 commencing at 1:00 p.m. MDT (3:00 p.m. EDT) in the Strand/Tivoli room at the Metropolitan Conference Centre, 333 - 4th Avenue SW, Calgary, Alberta.To listen to a live audio webcast, go to www.enbridgeincomefund.com and follow the webcast link under Highlights. A replay will also be available on the Company's website approximately two hours after conclusion of the Meeting.The Company's common shares are listed and trade on the Toronto Stock Exchange under the symbol "ENF".About Enbridge Income Fund Holdings Inc.Enbridge Income Fund Holdings Inc. (the "Company") is a publicly traded corporation. The Company, through its investment in Enbridge Income Fund (the "Fund"), holds high quality energy infrastructure assets. The Fund's assets include a 50% interest in the Canadian segment of the Alliance Pipeline, a 100% interest in the various pipelines comprising the Saskatchewan System, a 50% interest in each of NRGreen Limited Partnership and the Sunbridge wind project as well as a 33% interest in each of the Magrath and Chin Chute wind projects. Subject to approval of the Company's shareholders (other than Enbridge Inc.) at a special meeting to be held October 17, 2011, the Fund expects to increase its portfolio of Green Power generation assets through acquisition of the Enbridge Ontario Wind Project, the Talbot Wind Energy Project and the Sarnia Solar Project. More information about Enbridge Income Fund Holdings Inc. is available on the Company's website at www.enbridgeincomefund.com.Certain information provided in this news release constitute forward-looking statements. Forward looking statements are typically identified by words such as "contemplate", "anticipate", "expect", "project", "estimate", "forecast" and similar words suggesting future outcomes or statements regarding an outlook. Although the Company believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements and assumptions are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, weather, economic conditions and commodity prices. You can find a discussion of those risks and uncertainties in our Canadian securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, including with respect to expected earnings and associated per share amounts, or estimated future dividends, may vary significantly from those expected. Readers are cautioned against placing undue reliance on forward-looking statements. Except as may be required by applicable securities laws, the Company assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.NON-GAAP MEASURESThis News Release contains references to the expected EBITDA to be generated by the renewable energy assets. EBITDA is defined as earnings before interest, taxes, depreciation and amortization. Management believes that EBITDA is a useful supplemental measure as it provides an indication of the renewable energy assets' operating results prior to consideration of how those activities may be financed or how the results may be taxed. This measure has been described in this document to provide shareholders and potential investors with additional information regarding the expected contribution of the renewable energy assets to the Fund's operating results. EBITDA is not a measure that has standardized meaning prescribed by Canadian Generally Accepted Accounting Principles (GAAP) and is not considered a GAAP measure. Therefore, this measure may not be comparable with similar measures presented by other issuers.FOR FURTHER INFORMATION PLEASE CONTACT: Jennifer VareyEnbridge Income Fund Holdings Inc.Media(888) 992-0997 or (403) 508-6563jennifer.varey@enbridge.comORTeri MajerEnbridge Income Fund Holdings Inc.Investment Community(403) 508-3185teri.majer@enbridge.comwww.enbridgeincomefund.com