0001047469-03-019798 Sample Contracts

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Transcanada Pipelines LTD • May 27th, 2003 • Natural gas transmission

CALGARY, Alberta - May 15, 2003 - (TSX: TRP) (NYSE: TRP) - TransCanada Corporation announced that the plan of arrangement to establish it as the parent company of TransCanada PipeLines Limited has received all necessary regulatory approvals and certificates making it effective today.

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