Spectra Energy Corp Headquarters

5400 Westheimer Court
Houston, TX 77056-5310
(713) 627-5400

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Spectra Energy to Host Annual Shareholders Meeting on May 8

February 8, 2008

HOUSTON – Spectra Energy Corp will hold its annual meeting of shareholders on Thursday, May 8, 2008. The meeting will begin at 10 a.m. CST at the company’s corporate headquarters at 5400 Westheimer Court, Houston.

In accordance with the requirements for advance notice set forth in the company’s by-laws, in order for a director nomination or a shareholder proposal made outside of Rule 14a-8 under the Exchange Act to be considered timely within the meaning of the company’s by-laws and Rule 14a-4(c) under the Exchange Act, such nomination or proposal must be received by the company at its principal executive offices at 5400 Westheimer Court, Houston, TX 77056 on or before February 18, 2008. Nominations or proposals should be directed to the attention of the Corporate Secretary.

Spectra Energy Corp (NYSE: SE) 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 close to a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related energy infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 17,500 miles of transmission pipeline, 265 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.

Gretchen Krueger
(713) 627-4072
(713) 627-4747 (24 - hour media line)

John Arensdorf
(713) 627-4600
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