October 3, 2018 - 5:15 PM EDT
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Enbridge Income Fund Holdings Inc. Suspends Dividend Reinvestment and Share Purchase Plan

Canada NewsWire

CALGARY, Oct. 3, 2018 /CNW/ - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) today announced that in light of the previously announced definitive arrangement agreement with Enbridge Inc. dated September 17, 2018, the Company has determined to suspend, effective immediately, its amended and restated dividend reinvestment and share purchase plan (the "DRIP") until further notice.

As a result, the dividend to be paid on November 15, 2018 to shareholders of record on October 31, 2018, will not be eligible for reinvestment pursuant to the DRIP. If the Company elects to reinstate the DRIP in the future, the shareholders that were enrolled in the DRIP at the time of suspension and remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP.

Enbridge Income Fund Holdings Inc. is a publicly traded corporation. The Company, through its investment in Enbridge Income Fund indirectly holds high quality, low-risk energy infrastructure assets. The Fund's assets consist of a portfolio of Canadian liquids transportation and storage businesses, including the Canadian Mainline, the Regional Oil Sands System, the Canadian segment of the Southern Lights Pipeline, Class A units entitling the holder to receive defined cash flows from the US segment of the Southern Lights Pipeline, and a 50 percent interest in the Alliance Pipeline, which transports natural gas from Canada to the U.S., and interests in more than 1,400 MW of renewable and alternative power generation assets. Enbridge Income Fund Holdings Inc. trades on the Toronto Stock Exchange under the symbol ENF; information about the Company is available on the Company's website at www.enbridgeincomefund.com.

SOURCE Enbridge Income Fund Holdings Inc.

View original content: http://www.newswire.ca/en/releases/archive/October2018/03/c2377.html

Media: Jesse Semko, Toll Free: (888) 992-0997, E-mail: [email protected]; Investor Relations: Nafeesa Kassam, Toll Free: (800) 481-2804, E-mail: [email protected] CNW Group 2018

Source: Canada Newswire (October 3, 2018 - 5:15 PM EDT)

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