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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Arnie who wrote (9183)	2/21/1998 8:13:00 AM
From: Herb Duncan	Respond to of 15196

PIPELINES / TransCanada PipeLines Declares Dividends TSE, ASE, ME, VSE, WINNIPEG STOCK EXCHANGE, NYSE SYMBOL: TRP FEBRUARY 20, 1998 CALGARY, ALBERTA--The board of directors of TransCanada PipeLines Limited today declared a quarterly dividend of 31 cents per share on the outstanding common shares for the quarter ending March 31, 1998. It is the 137th consecutive dividend paid by TransCanada on its common shares, and is payable on April 30, 1998 to shareholders of record at the close of business on March 31, 1998. The board also declared regular dividends on TransCanada's preferred shares for the quarter ending May 1, 1998. The following dividends are payable May 1, 1998 to shareholders of record at the close of business on March 31, 1998. Dividend No. 128 was declared on the $2.80 Cumulative Redeemable First Preferred Shares in the amount of 70 cents per share. Dividend No. 25 was declared on the Cumulative Redeemable First Preferred Shares Series O in the amount of $0.9875 per share. Dividend No. 23 was declared on the Cumulative Redeemable First Preferred Shares Series P in the amount of $0.96875 per share. Dividend No. 14 was declared on the Cumulative Redeemable Retractable First Preferred Shares Series Q in the amount of $0.81875 per share. Dividend No. 10 was declared on the Cumulative Redeemable Retractable First Preferred Shares Series R in the amount of $0.74375 per share. TransCanada PipeLines is one of North America's leading transporters of natural gas through its energy transmission businesses. TransCanada also operates significant complementary businesses in energy marketing and energy processing in North America, and is extending its operations internationally.