News Release
Sept. 28, 2001

MARITIMES ANNOUNCES PHASE III CONTRACTOR

BOSTON – Maritimes & Northeast Pipeline, L.L.C. (Maritimes) named Murphy Brothers Inc. of East Moline, Ill., as the preconstruction contractor for the proposed Phase III expansion of its natural gas pipeline system.

Murphy Brothers, experienced contractors with a proven track record of constructing natural gas transmission lines, will provide preconstruction services for approximately 24 miles of 30-inch diameter pipeline and approximately one mile of 24-inch diameter pipeline extending from Methuen, Mass., to an interconnection with Algonquin Gas Transmission Co.’s proposed HubLine facility in Beverly, Mass.

In eastern Massachusetts, demand for natural gas is increasing as new gas-fired electric generating plants are built and as more homes convert to the cleaner-burning fuel. The Phase III and HubLine pipelines will deliver significant additional supplies of natural gas to help meet the demand while enhancing energy reliability and security for the market.

Previously, the Federal Energy Regulatory Commission (FERC) issued preliminary approval of the Phase III project, stating the need for the natural gas pipeline facilities. Additionally, FERC staff concluded in a draft environmental impact statement that the project can be constructed with limited adverse impact to the environment.

"The Maritimes Extension and HubLine continue to progress toward successful completion," said Tom O’Connor, president of M&N Management Co., the managing member of Maritimes. "This agreement with Murphy Brothers ensures that we will be well positioned to begin constructing the pipeline as soon as regulatory approvals are in hand. With the completion of Maritimes/HubLine, markets on Algonquin will have direct access to Eastern Canadian supply from a high-pressure pipeline. Maritimes shippers will have competitive choices for downstream pipeline transportation and the reliability of the Northeast pipeline grid will be solidified."

Maritimes is owned by affiliates of Duke Energy (37.5 percent); Westcoast Energy, Inc. (37.5 percent); ExxonMobil (12.5 percent); and Emera Inc. (12.5 percent). For more information, contact Maritimes on the Internet at www.mnp-usa.com.

Contact: Marylee Hanley
Phone: 617/560-1573
24 Hour Phone: 704/382-8333
Email: mhanley@duke-energy.com