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Press Release

NORTHERN BORDER PIPELINE COMPANY ANNOUNCES MAJOR CONSTRUCTION CONTRACTS

FOR IMMEDIATE RELEASE: Monday, March 23, 1998

HOUSTON - Northern Border Pipeline Company announced that it has selected five contractors for the construction of the pipeline segments of The Chicago Project, which is scheduled for a November 1998 in service.

The Chicago Project, an $839 million expansion and extension of the Northern Border pipeline system, involves construction of 390 miles of 36-and 30-inch diameter pipe, extending the system to Chicago and the addition of 303,500 horsepower of compression. The Project, fully subscribed for long-term firm service, will bring an additional 700 million cubic feet per day (MMcf/d) of Canadian natural gas into United States markets.

Construction has been divided into five segments or spreads. The contractors and spread locations are:

    Spread 2 Tama/Marshall County Line, Iowa to Ventura, Iowa: Associated Pipe Line Contractors, Inc.

    Spread 3 Harper, Iowa to Tama/Marshall County Line, Iowa: Gregory & Cook, Inc.

    Spread 4 Harper, Iowa to west side of Mississippi River: Willbros Energy Services, Inc.

    Spread 5 Township Line Road La Salle County, Illinois to east side of Mississippi River: U.S. Pipelines, Inc.

    Spread 6 36-inch pipeline terminus in Will County, Illinois to Township Line Road, La Salle, Illinois as well as 30-inch diameter pipeline 18 miles north to Manhattan Meter Station North and 30-inch diameter pipeline 3 miles south to Manhattan Meter Station South: Sheehan Pipeline Construction.

"We are poised to begin pipeline construction in April. Additionally we have completed and placed into service one new compressor station, are in the process of commissioning a second new compressor station, completing construction on a third and have commenced the retrofit of one existing turbine compressor unit. We are on target for our November 1998 in service date," said Larry L. DeRoin, Chairman of the Management Committee of Northern Border Pipeline.

Northern Border has also awarded contracts for the construction of three compressor stations on the existing 42-inch diameter Northern Border Pipeline system. A joint venture of A & S Development and Construction and Murphy Brothers Construction has been released to begin construction of Compressor Station No.1 in Valley County, Montana and Compressor Station No. 3 in Roosevelt County, Montana. Bluewater Constructors, Inc. has been awarded the contract for construction of Compressor Station No. 5 in Dunn County, North Dakota and began work at the site on March 16.

Northern Border Pipeline Company is a general partnership which owns and operates a 969-mile interstate pipeline that transports about 20 percent of all Canadian gas imported into the United States. In 1997, the Northern Border Pipeline system delivered an average of 1,770 MMcf/d. Northern Border Partners, L.P. owns a 70 percent general partner interest in Northern Border Pipeline. The remaining 30 percent interest in Northern Border Pipeline is owned by subsidiaries of TransCanada PipeLines Limited. Northern Border Partners, L.P. is listed on the New York Stock Exchange under the symbol "NBP."

For additional information please contact:

Elaine Thomas

(713) 853-6814







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