Fortis Inc. announced that it has closed its offering by private placement (the "Offering"), pursuant to the exemptions from the prospectus requirements of applicable Canadian securities laws, of $500,000,000 aggregate principal amount of 5.677% senior unsecured notes due November 8, 2033 (the "Notes"). The Offering was made through a syndicate of agents co-led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and Scotia Capital Inc., and including TD Securities Inc., CIBC World Markets Inc., Desjardins Securities Inc., National Bank Financial Inc., Morgan Stanley Canada Limited, Merrill Lynch Canada Inc., MUFG Securities (Canada) Ltd. and Wells Fargo Securities Canada Ltd. The Notes have not been and will not be registered under the U.S.Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This media release shall not constitute an offer to sell or an invitation to purchase or subscribe for any securities in the United States or in any other jurisdiction where such offer is unlawful.