Spectra Energy Board of Directors Names New Chair and Lead Director


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[STK] NYSE:SE NYSE:SEP

[IN] OIL UTI

[SU] PER

-- WITH PHOTO -- TO BUSINESS, AND ENERGY EDITORS:

Spectra Energy Board of Directors Names New Chair and Lead Director

HOUSTON, April 15, 2014 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE)

today announced that the board of directors has elected Gregory L.

Ebel to serve as chair of the board of directors. Mr. Ebel, who has

been president and chief executive officer since January 2009,

replaces William T. Esrey who is retiring after serving as chair for

the past five years. The company also announced that F. Anthony Comper

has been elected as independent lead director. Mr. Comper, originally

elected to the board in 2007, is the former chair and retired

president and chief executive officer of BMO Financial Group and will

serve as a member of Spectra Energy's corporate governance and audit

committees. Both of these appointments will be effective

immediately.

About Spectra Energy

Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North

America's leading pipeline and midstream companies. Based in Houston,

Texas, the company's operations in the United States and Canada

include more than 22,000 miles of natural gas, natural gas liquids,

and crude oil pipelines; approximately 305 billion cubic feet (Bcf) of

natural gas storage; 4.8 million barrels of crude oil storage; as well

as natural gas gathering, processing, and local distribution

operations. Spectra Energy is the general partner of Spectra Energy

Partners (NYSE: SEP), one of the largest pipeline master limited

partnerships in the United States and owner of the natural gas,

liquids, and crude oil assets in Spectra Energy's U.S. portfolio.

Spectra Energy also has a 50 percent ownership in DCP Midstream, the

largest producer of natural gas liquids and the largest natural gas

processor in the United States. Spectra Energy has served North

American customers and communities for more than a century. The

company's longstanding values are recognized through its inclusion in

the Dow Jones Sustainability World and North America Indexes and the

CDP Global 500 and S&P 500 Climate Disclosure and Performance

Leadership Indexes. For more information, visit

www.spectraenergy.com and www.spectraenergypartners.com.

Logo - http://photos.prnewswire.com/prnh/20061030/CLM051LOGO

SOURCE Spectra Energy Corp

-0- 04/15/2014

/CONTACT: Media: Phil West, (713) 627-4964 or (713) 627-4747 (24-hour media line); or Investors & Analysts: Roni Cappadonna, (713) 627-4778

/Photo: http://photos.prnewswire.com/prnh/20061030/CLM051LOGO

/Web Site: http://www.spectraenergy.com

(NYSE:SE /

NYSE:SEP) /

CO: Spectra Energy Corp

ST: Texas

IN: OIL UTI

SU: PER

PRN

-- CL05398 --

0000 04/15/2014 13:10:00 EDT http://www.prnewswire.com

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