Senior Management Changes
On September 1, 2006, Jim Schultz was appointed President of EMSI, the Administrator of the Fund and Manager of ECT. Mr. Schultz is also Senior Vice President, New Ventures for Enbridge Inc., and prior to assuming his new duties with the Fund was President of Enbridge Gas Distribution. He replaced Stephen J. Wuori who will remain as a Trustee of Enbridge Commercial Trust and Director of EMSI. In conjuction with this change, John Whelen was appointed Vice President, Business Development and Chief Financial Officer of EMSI, replacing Leigh Cruess. Mr. Whelen is also Senior Vice President, Corporate Development for Enbridge, and prior to September 1 was Vice President and Treasurer for Enbridge.