Article: TC PipeLines, LP Fourth Quarter Earnings Reflect Solid Financial Performance.

CALGARY, Jan. 25 /CNW-PRN/ - (Nasdaq NM: TCLPZ) - TC PipeLines, LP today announced 1999 fourth quarter net income of US$8.7 million or US$0.49 per unit. Net income is comprised of US$9.1 million of equity income from the Partnership's 30 percent general partner interest in Northern Border Pipeline Company (Northern Border), less US$0.4 million general and administrative expenses incurred by the Partnership.

From the commencement of operations on May 28, to December 31, 1999, TC PipeLines, LP reported net income of US$20.2 million or US$1.13 per unit, of which equity income from Northern Border amounted to US$20.9 million and general and administrative expenses ...

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