Date Closed

July 16, 2008

Lead Office

Calgary

Value

250.00 Million CAD

On July 16, 2008, Westcoast Energy Inc. (the "Corporation") issued C$250 million 5.6% Medium Term Note Debentures, Series 9. The Corporation completed this first issuance on July 16, 2008 under pricing supplement #1 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 advised Westcoast with a team led by John Osler and Mark Hawkins.