Enbridge Income Fund Holdings Inc. Announces First Quarter Dividend

CALGARY, ALBERTA--(Marketwire - March 15, 2011) - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the "Company") announced today that its Board of Directors has declared a cash dividend of $0.288 per common share to be paid to shareholders of record at the close of business on March 31, 2011 for payment on April 15, 2011. This dividend is designated an eligible dividend for Canadian tax purposes which qualifies for the enhanced dividend tax credit. Shareholders are eligible to participate in the Dividend Reinvestment Plan ("DRIP") where participants may elect, without brokerage fees, to automatically reinvest their quarterly dividends in additional common shares. Details of the DRIP are available on the EIFH website. Shareholders who wish to participate in the DRIP should contact their respective investment dealer to enroll. Enbridge Income Fund Holdings Inc. common shares trade on the TSX under the symbol ENF. ABOUT ENBRIDGE INCOME FUND HOLDINGS INC. Enbridge Income Fund Holdings Inc. (the "Company") is a publicly traded corporation. The Company, through its investment in Enbridge Income Fund (the "Fund"), holds high quality energy infrastructure assets. The Fund's assets include a 50% interest in the Canadian segment of the Alliance Pipeline, a 100% interest in the various pipelines comprising the Saskatchewan System, a 50% interest in each of NRGreen Limited Partnership and the Sunbridge wind project as well as a 33% interest in each of the Magrath and Chin Chute wind projects. Information about Enbridge Income Fund Holdings Inc. is available on the Company's website at www.enbridgeincomefund.com.

Contact Information: Enbridge Income Fund Holdings Inc. Media Jennifer Varey (403) 508-6563 jennifer.varey@enbridge.com or Enbridge Income Fund Holdings Inc. Investment Community Teri Majer (403) 508-3185 teri.majer@enbridge.com www.enbridgeincomefund.com