Westcoast Energy Issues $50M 5.6% Medium Term Notes

On August 21, 2008, Westcoast Energy Inc. re-opened its 5.6 per cent Medium Term Note Debentures, Series 9 with an issuance of an additional $50 million.

Westcoast completed this second issuance under pricing supplement #2 to its base shelf prospectus dated July 2, 2008. The agents on this deal were BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc. and TD Securities Inc.

McCarthy Tétrault LLP represented Westcoast Energy Inc. with a team that included John Osler and Mark Hawkins.

The agents were represented by John Kousinioris, John Piasta and Joel Gaucher from Bennett Jones LLP.