Enbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Third Quarter 2009
HOUSTON, TX -- (Marketwire) -- 11/03/09 -- Enbridge Energy Management, L.L.C. (NYSE: EEQ)
("Enbridge Management") today confirmed that its previously declared share
distribution, to be paid on November 13, 2009, will consist of 2.0939
additional shares for each 100 shares of record on November 5, 2009.
The distribution of additional Enbridge Management shares is based on the
notional cash value of the declared distribution of $0.99 per share and the
average closing price of Enbridge Management shares for the ten consecutive
trading days prior to the ex-dividend date.
Enbridge Management (www.enbridgemanagement.com) manages the business and
affairs of, and its principal asset is an approximate 14 percent interest
in, Enbridge Energy Partners, L.P., a master limited partnership that owns
the U.S. portion of the world's longest liquid petroleum pipeline and is
active in natural gas gathering, processing and transmission.
