Date Closed

June 6, 2013

Lead Office

Calgary

Value

600.00 Million CAD

On June 6, 2013, Enbridge Inc. announced it had closed its previously announced public offering of Cumulative Redeemable Preference shares, Series 3 (the Series 3 Preferred Shares) by a syndicate of underwriters led by TD Securities Inc., CIBC, RBC Capital Markets and Scotiabank. Enbridge issued 24 million Series 3 Preferred Shares for gross proceeds of C$600 million. The Series 3 Preferred Shares are trading on the TSX under the symbol ENB.PR.Y.

Proceeds will be used to partially fund capital projects, to reduce existing indebtedness and for other general corporate purposes of the Corporation and its affiliates.

Enbridge, headquartered in Calgary, Alberta, is a Canadian crude oil and liquids pipeline company.

McCarthy Tétrault LLP represented Enbridge, the issuer, with a team led by John Osler.