Date Closed

August 21, 2008

Lead Office

Calgary

Value

50.00 Million CAD

On August 21, 2008, Westcoast Energy Inc. (the "Corporation") re-opened the Corporation's 5.6% Medium Term Note Debentures, Series 9 with an issuance of an additional C$50 million. The Corporation 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.

Westcoast Energy Inc. operates as an integrated natural gas and natural gas liquids (NGLs) company. The company is involved in gathering, processing, transmission, storage, and distribution activities.

McCarthy Tétrault advised Westcoast with a team that included John Osler and Mark Hawkins.