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Press release from Marketwire

Enbridge Inc. Declares Quarterly Dividends

Wednesday, October 24, 2012

Enbridge Inc. Declares Quarterly Dividends16:15 EDT Wednesday, October 24, 2012CALGARY, ALBERTA--(Marketwire - Oct. 24, 2012) - Enbridge Inc.'s (TSX:ENB) (NYSE:ENB) Board of Directors has declared a quarterly dividend of $0.2825 per common share, payable on December 1, 2012 to shareholders of record on November 15, 2012. The amount of the dividend is consistent with the September 1, 2012 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on December 1, 2012 to shareholders of record on November 15, 2012: Preferred Shares, Series A$0.34375Preferred Shares, Series B$0.25Preferred Shares, Series D$0.25Preferred Shares, Series F$0.25Preferred Shares, Series H$0.25Preferred Shares, Series JUS$0.25Preferred Shares, Series LUS$0.25Preferred Shares, Series N1$0.3753Preferred Shares, Series P2$0.2164(1) This is the first dividend declared for Preferred Shares, Series N which were issued July 17, 2012. The regular quarterly dividend payable on the Series N preferred shares, which will take effect on the March 1, 2013 dividend payment, is $0.25 per share. (2) This is the first dividend declared for Preferred Shares, Series P which were issued Sept. 13, 2012. The regular quarterly dividend payable on the Series P preferred shares, which will take effect on the March 1, 2013 dividend payment, is $0.25 per share. About Enbridge Inc.Enbridge Inc. is a North American leader in delivering energy and one of the Global 100 Most Sustainable Corporations. As a transporter of energy, Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system. The Company also has a significant and growing involvement in natural gas gathering, transmission and midstream businesses, and an increasing involvement in power transmission. As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. As a generator of energy, Enbridge has interests in close to 1,000 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy, geothermal and hybrid fuel cells. Enbridge employs more than 10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers and one of Canada's Top 100 Employers for 2013. Enbridge is included on the 2012/2013 Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index and is also a constituent of the 2012/2013 FTSE4Good Index Series. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com. Attachment Available: http://cnrp.marketwire.com/cnrp_files/20121024-1024enb.pdfFOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Enbridge Inc.Investment CommunityJody Balko(403) 231-5720jody.balko@enbridge.comEnbridge Inc.MediaJennifer Varey(403) 508-6563/(888) 992-0997jennifer.varey@enbridge.comwww.enbridge.com