News Release
August 18, 2008

Spectra Energy Hosts Conference Call with Union Gas President Julie Dill

HOUSTON – Spectra Energy Corp (NYSE: SE) announced it will hold a conference call, hosted by Julie Dill, president, Union Gas, for analysts and investors on Thursday, August 21, at 9:00 a.m. ET (8:00 a.m. CT). The topic of discussion is “Union Gas – Not Your Typical LDC,” where Dill will provide an in-depth look into Union Gas' business model and offer the investment community deeper insight into its growth potential.

Participants can access the call by dialing (888) 252-3715 in the United States or Canada, or by dialing (706) 634-8942 outside the U.S or Canada. The conference ID is 58322548. An audio replay will be available from August 21, 2008, to October 21, 2008, by dialing (800) 642-1687 or (706) 645-9291 with the same conference ID of 58322548.

The discussion also will be webcast and can be accessed via the Investors Section of Spectra Energy's Web site at www.spectraenergy.com. A replay of the webcast will be available on the Web site following the event.

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 18,000 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, the largest natural gas gatherer and processor in the United States. Visit www.spectraenergy.com for more information.

Wendy Olson
(713) 627-4072
(713) 627-4747 (24-hour media line)

John Arensdorf
(713) 627-4600