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HOUSTON, TX -- (Marketwired) -- 05/04/16 -- Enbridge Energy Management, L.L.C. (NYSE: EEQ) ("Enbridge Management") today
confirmed that its previously declared share distribution, to be paid on May 13, 2016, will consist of 2.7575 additional shares for
each 100 shares of record on May 6, 2016.
The distribution of additional Enbridge Management shares is based on the notional cash value of the declared distribution of
$0.583 per share and the average closing price of Enbridge Management shares for the ten consecutive trading days prior to the
ex-dividend date.
Enbridge Management, L.L.C. manages the business and affairs of Enbridge Energy Partners, L.P. ("Enbridge Partners") (NYSE:
EEP), and its sole asset is an approximate 16 percent limited partner interest in Enbridge Partners. Enbridge Energy Company, Inc.,
an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alberta, (NYSE: ENB) (TSX: ENB) is the general partner of Enbridge
Partners, and holds an approximate 42 percent interest in Enbridge Partners together with all of the outstanding preferred units
and Class B, D and E units in Enbridge Partners. Enbridge Management is the delegate of the general partner of Enbridge
Partners.
Enbridge Partners owns and operates a diversified portfolio of crude oil and, through its interests in Midcoast Energy Partners,
L.P. ("Midcoast Partners"), natural gas transportation systems in the United States. Its principal crude oil system is the largest
pipeline transporter of growing oil production from western Canada and the North Dakota Bakken formation. The system's deliveries
to refining centers and connected carriers in the United States account for approximately 17 percent of total U.S. oil imports.
Midcoast Partners' natural gas gathering, treating, processing and transmission assets, which are principally located onshore in
the active U.S. Mid-Continent and Gulf Coast areas, deliver approximately 2.0 billion cubic feet of natural gas daily. Enbridge
Partners is recognized by Forbes as one of the 100 Most Trustworthy Companies in America.
Investor Relations Contact:
Sanjay Lad, CFA
Toll-free: (866) 337-4636
Toll-free: (866) EEP INFO
E-mail: eeq@enbridge.com