UNG.PR.C - <span class="din">Union Gas Declares Dividends</span> (CAD 0.69)

Company: Union Gas 5-1/2% Pr
Stock Name: UNG.PR.C
Amount: CAD 0.69
Announcement Date: 07/08/2012
Record Date: 05/09/2012

Dividend Detail:

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CHATHAM, ON, Aug. 7, 2012 /CNW/ - Union Gas Limited declared the following quarterly dividends:

1. 
   5��% Cumulative Redeemable Class A Preference Shares, Series A:�� A quarterly dividend of 69 cents per share payable on September 30,
   2012 to shareholders of record at the close of business on September 7,
   2012.
   
   
   


2. 
   6% Cumulative Redeemable Class A Preference Shares, Series B: A quarterly dividend of 75 cents per share payable on September 30,
   2012 to shareholders of record at the close of business on September 7,
   2012.
   
   
   


3. 
   5% Cumulative Redeemable Class A Preference Shares, Series C:�� A quarterly dividend of 62.5 cents per share payable on September 30,
   2012 to shareholders of record at the close of business on September 7,
   2012.
   

All dividends paid or deemed for Canadian federal, provincial or
territorial income tax purposes to be paid on or after January 1, 2006
by Union Gas Limited including these dividends are designated eligible
dividends pursuant to Subsection 89 (14) of the Income Tax Act (Canada) or similar provincial or territorial legislation. This
designation continues to apply in the future unless otherwise notified
by Union Gas Limited.�� An eligible dividend received by a Canadian
resident individual shareholder is entitled to the enhanced dividend
tax credit. Union Gas Limited is an indirect subsidiary of Spectra
Energy Corp.

About Union Gas

Union Gas Limited is a major Canadian natural gas storage, transmission
and distribution company based in Ontario with 100 years of experience
and service to customers. The distribution business serves about 1.4
million residential, commercial and industrial customers in more than
400 communities across northern, southwestern and eastern Ontario.
Union Gas, named one of Canada's Top 100 Employers and one of Canada's
Greenest Employers for 2012, is a Spectra Energy (NYSE: SE) company
with assets of $5.8 billion and approximately 2,200 employees. For more
information, visit uniongas.com.

SOURCE: Union Gas Limited

For further information:

Union Gas Limited��
Andrea Stass
Manager, External Communications and Media Relations
Ph: 519 436-5490 or 1-800-571-8446 ext. 5490
Cell: 519 365-1010
Fax: 519 436-4621
astass@uniongas.com