ENSURING OUR ENERGY FUTURE Enbridge bridges the gap between energy supply and the customer. Enbridge is also bridging the gap from  the present to an innovative and exciting energy future. Ensuring that future will require careful planning as  well as the ability to benefit from opportunities as they arise, which is why strategic planning is an ongoing process at Enbridge. It will require hard work, knowledge, skill and leadership, which is why Enbridge is focused on developing its human resources and intellectual capital. It will also require innovation and efficiency, which  is why Enbridge is developing and applying leading-edge technologies throughout its various businesses. Enbridge operates, in Canada and the United States, the world’s longest crude oil and liquids pipeline system. The Company also is involved in the natural gas transmission and midstream businesses, and international energy projects. As a distributor of energy, Enbridge owns and operates Canada’s largest natural gas distribution company, which provides gas to 1.5 million customers in Ontario, Quebec and New York State. Enbridge is also developing a gas distribution network for the province of New Brunswick, distributes electricity, and provides retail energy products and services to a growing number of Canadian and United States markets. The Company employs approximately 5,500 people, primarily in Canada, the United States and Latin America. Enbridge common shares trade on the Toronto Stock Exchange under the symbol “ENB”, and on The NASDAQ National Market in the United States under the symbol “ENBR”. Additional information about Enbridge is available on the Company’s web site at  www.enbridge.com . 1 2 8 14 28 53 56 Highlights  Letters to Shareholders  Operations Profile Management’s Discussion and Analysis Financial Statements and Notes Supplementary Information Shareholder, Investor and Corporate Information