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

To: SofaSpud who wrote (10778)	5/19/1998 6:03:00 PM
From: SofaSpud	Respond to of 15196

DIVIDEND / TRANSCANADA PIPELINES DECLARES QUARTERLY DIVIDENDS CALGARY, May 19 /CNW/ - 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 June 30, 1998. It is the 138th consecutive dividend paid by TransCanada on its common shares, and is payable on June 30, 1998 to shareholders of record at the close of business on June 29, 1998. The board also declared regular dividends on TransCanada's preferred shares for the quarter ending August 1, 1998. The following dividends are payable August 1, 1998 to shareholders of record at the close of business on June 30, 1998. Dividend No. 129 was declared on the $2.80 Cumulative Redeemable First Preferred Shares in the amount of 70 cents per share. Dividend No. 26 was declared on the Cumulative Redeemable First Preferred Shares Series O in the amount of $0.9875 per share. Dividend No. 24 was declared on the Cumulative Redeemable First Preferred Shares Series P in the amount of $0.96875 per share. Dividend No. 15 was declared on the Cumulative Redeemable Retractable First Preferred Shares Series Q in the amount of $0.81875 per share. Dividend No. 11 was declared on the Cumulative Redeemable Retractable First Preferred Shares Series R in the amount of $0.74375 per share. In addition, Dividend No. 1 -- conditional upon the successful completion of the proposed merger of TransCanada and NOVA Corporation -- was declared on the Cumulative Redeemable First Preferred Shares Series S. The initial dividend is $0.64375 per share for the period ending July 31, 1998, and it is payable on August 15, 1998 to shareholders of record at the close of business on July 31, 1998. TransCanada PipeLines Limited is one of North America's leading energy services companies. TransCanada manages its Cdn$15 billion asset base to provide integrated energy transmission, energy marketing and energy processing solutions to customers in North America and, to an increasing degree, internationally. Common shares trade under the symbol TRP, primarily on the Toronto, Montr‚al and New York stock exchanges. VISIT TRANSCANADA'S WEBSITE at transcanada.com -30- For further information: Tony McCallum, TransCanada PipeLines Limited, (403) 267-8524

To: SofaSpud who wrote (10778)	5/19/1998 6:05:00 PM
From: SofaSpud	Read Replies (13) \| Respond to of 15196

UPDATE / TALISMAN OPERATIONS CONTINUE IN INDONESIA CALGARY, May 19 /CNW/ - Talisman Energy Inc. announced today that all of its production and construction activities in Indonesia are continuing and have not been affected by the recent events in the country. All operations are located well away from urban centres and areas of unrest. Following advice from the Canadian Embassy, Talisman has temporarily evacuated all expatriate family members and most expatriate employees. In common with other companies, Talisman is maintaining a small management group in Indonesia in a safe area. The management group will provide support to Talisman local Indonesian employees and joint venture partner Pertamina (national Indonesian oil company) to ensure that the operations continue at a high level of effectiveness. ''Our production and construction operations are continuing and we don't expect them to be affected by the unrest,'' said Jim Buckee, President and Chief Executive Officer. -30- For further information: David Mann, Manager, Investor Relations and Corporate Communications, (403) 237-1196, Fax (403) 237-1210, E-mail tlm@talisman-energy.com