News Release
September 17, 2008

Spectra Energy to Host Analyst/Investor Discussion on Details of DCP Midstream, LLC, Business

HOUSTON – Spectra Energy Corp (NYSE: SE) will host an analyst/investor discussion at the St. Regis Hotel in New York on Monday, September 22, at 3:30 p.m. EDT.

Tom O’Connor, president and chief executive officer, DCP Midstream, LLC (DCP) and Rose Robeson, the company’s chief financial officer, will provide an in-depth look into the DCP business and then will address questions.

The meeting 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 following the event via the Investors Section of the company’s Web site. Interested parties also have the option to call into the discussion by dialing (888) 252-3715 in the United States/Canada or (706) 634 – 8942 outside the United States. The conference ID is 58474275. A replay will also be available after the event by dialing (800) 642-1687 or (706) 645-9291 with the same Conference ID of 58474275.

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 gatherers 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