NEWS RELEASE

Enbridge Income Fund Holdings Inc. Announces Monthly Dividend

CALGARY, ALBERTA -- (January 13, 2012) Enbridge Income Fund Holdings Inc. (TSX:ENF) (the
"Company") announced today that its Board of Directors (the "Board") has declared a cash dividend of
$0.103 per common share ("Share") to be paid on February 15, 2012 to shareholders of record at the close of business on January 31, 2012. This dividend is designated an eligible dividend for Canadian tax purposes which qualifies for the enhanced dividend tax credit.
Eligible shareholders may participate in the Company's Dividend Reinvestment Plan ("DRIP"), where they may elect, without brokerage fees, to automatically reinvest their monthly dividends in additional Shares. Details of the DRIP are available on the Company's website. Shareholders who wish to participate in the DRIP should contact their investment dealer for further information and to enroll.
The Shares trade on the TSX under the symbol "ENF".

ABOUT ENBRIDGE INCOME FUND HOLDINGS INC.

Enbridge Income Fund Holdings Inc. is a publicly traded corporation. The Company, through its investment in Enbridge Income Fund, holds high quality, low risk energy infrastructure assets. The Fund's assets include a 50% interest in the Canadian segment of the Alliance Pipeline, a 100% interest in the various pipelines comprising the Saskatchewan System, and interests in more than 400 megawatts of renewable and alternative power generation capacity through a portfolio that includes the 80-MW Sarnia Solar Energy Project, interests in 314 MW of wind generation across five wind projects and a 50% interest in the NRGreen Limited Partnership's waste-heat generating facilities. Information about Enbridge Income Fund Holdings Inc. is available on the Company's website at www.enbridgeincomefund.com .

CONTACTS:

Media Investment Community

Jennifer Varey Teri Majer
(403) 508-6563 (403) 508-3185
E-mail: jennifer.varey@enbridge.com E-mail: teri.majer@enbridge.com

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