MasterMetals: Enbridge Income Fund Receives Proposal for Transfer of Canadian Liquids Pipeline Business and Renewable Energy Assets from Enbridge

April 1, 2015

Enbridge Income Fund Receives Proposal for Transfer of Canadian Liquids Pipeline Business and Renewable Energy Assets from Enbridge

CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Enbridge Income Fund (the Fund) and Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) today announced receipt of a formal proposal from Enbridge Inc. (Enbridge) for the transfer to the Fund (the Transaction) of Enbridge's Canadian liquids pipelines business owned by Enbridge Pipelines Inc. and Enbridge Pipelines (Athabasca) Inc., along with certain Canadian renewable energy assets (collectively, the "Assets").