News Release
October 22, 2007

Spectra Energy To Webcast Shareholders' Meeting on October 31

HOUSTON – Spectra Energy Corp will webcast its annual shareholders’ meeting on Wednesday, Oct. 31, 2007, at 10 a.m. CDT.

The event will be held at the company’s corporate headquarters at 5400 Westheimer Court, Houston. Fred Fowler, president and chief executive officer, will address shareholders during the meeting, as will Paul Anderson, chairman of Spectra Energy’s Board of Directors.

The audio webcast can be heard by going to Spectra Energy’s investors’ section of the company’s website at www.spectraenergy.com/investors.

Spectra Energy Corp (NYSE: SE) is one of North America’s premier pure play natural gas midstream 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.

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

Analyst Contact:John Arensdorf
(713) 627-4600