British Columbia Utilities Commission

Order G-96-07 issued by the British Columbia Utilities Commission (Commission) on August 14, 2007, approved the incurrence of indebtedness by FortisBC Energy Inc. (FEI), formerly Terasen Gas Inc. (TGI), under a credit agreement between FEI, the Canadian Imperial Bank of Commerce (CIBC) and other lenders, with CIBC as administrative agent for the lenders, providing for an unsecured revolving term credit facility for the principal amount of up to $500 million with an initial term not to exceed five years and a maturity date of August 24, 2012;