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TC PipeLines, LP Third Quarter 2002 Teleconference and Web Cast Advisory

Oct. 15, 2002

Calgary, Alberta - October 15, 2002 - (Nasdaq: TCLP) - TC PipeLines, LP (the Partnership) will release its third quarter 2002 financial results after markets close on Tuesday, October 22, 2002. TC PipeLines will hold a teleconference and audio web cast on Wednesday, October 23 at 4 p.m. (eastern) to discuss the third quarter 2002 financial results, its outlook for 2003, general developments and issues concerning the Partnership. The call will be hosted by Ron Turner, President and Chief Executive Officer of TC PipeLines GP, Inc., the general partner.

What: TC PipeLines, LP Third Quarter 2002 Financial Results Teleconference and Web Cast
When: 4:00 p.m. (eastern) Wednesday, October 23, 2002
Where: (800) 377-0758 (no passcode required) OR www.tcpipelineslp.com

A replay of the teleconference will be available two hours after the conclusion of the call until midnight, November 1, 2002, by dialing (800) 408-3053 then entering passcode 1267407. The web cast will also be archived and available for replay.

TC PipeLines, LP is a publicly held limited partnership. It owns a 30% interest in Northern Border Pipeline Company, a Texas general partnership, and a 49% interest in Tuscarora Gas Transmission Company, a Nevada general partnership. Northern Border Pipeline, which is owned 70% by Northern Border Partners, L.P., a publicly traded master limited partnership controlled by affiliates of Enron Corp., owns a 1,249-mile United States interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to markets in the midwestern United States. Tuscarora owns a 229-mile United States interstate pipeline system that transports natural gas from Oregon, where it interconnects with facilities of PG&E National Energy Group, Gas Transmission Northwest, to northern Nevada. TC PipeLines, LP is managed by its general partner, TC PipeLines GP, Inc., a wholly owned subsidiary of TransCanada PipeLines Limited. Subsidiaries of TransCanada also hold common and subordinated units of the Partnership. Common units of TC PipeLines, LP are quoted on the Nasdaq Stock Market and trade under the symbol "TCLP". For more information about TC PipeLines, LP, visit the Partnership's Internet site at www.tcpipelineslp.com.

Media Inquiries:

Glenn Herchak / Kurt Kadatz
(403) 920-7877

Unitholder and Analyst Inquiries:

Theresa Jang
Toll-free 1-877-290-2772 investor_relations@tcpipelineslp.com