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Spectra Energy Announces the Appointment of General Counsel

February 26, 2009

HOUSTON – Spectra Energy Corp (NYSE: SE) today announced the appointment of Reginald (Reggie) Hedgebeth as its general counsel, effective March 31, 2009.

“Reggie is a seasoned general counsel and I am excited to add his enthusiasm, counsel and broad business expertise to our senior management team. He brings with him tremendous experience and an excellent track record, and will be a great asset to our company,” said Greg Ebel, president and chief executive officer, Spectra Energy Corp. “I also would like to thank Pat Hester, our current interim general counsel, for so ably stepping in and filling this role these past months.” Hester will continue in his role as associate general counsel, Northeast.

“I am extremely proud to join Spectra Energy and a team of such strong professionals,” said Hedgebeth. “I look forward to helping support and contribute to the company’s strong governance record and its future growth and success.”

Hedgebeth began his career with GE Capital Corporation in 1989. He practiced law with King & Spalding in Atlanta, Ga., prior to joining The Home Depot, Inc., where he held roles with increasing responsibility. He assumed his current position as senior vice president, general counsel and secretary with Circuit City Stores, Inc. in 2005. Hedgebeth is a graduate of Harvard Law School and The Pennsylvania State University.

Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America’s premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 18,300 miles of transmission pipeline, approximately 270 billion cubic feet of storage, natural gas gathering and processing, natural gas liquids operations and local distribution assets. Spectra Energy Corp also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Visit www.spectraenergy.com for more information.