TransCanada Launches Binding Open Season for Keystone Pipeline System

FOR: TRANSCANADA
TSX SYMBOL: TRP
NYSE SYMBOL: TRP

Date issue: July 27, 2017
Time in: 9:30 AM e

Attention:

CALGARY, ALBERTA--(Marketwired - July 27, 2017) - Media Advisory - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today launched an Open Season to solicit additional binding commitments from interested parties for transportation of crude oil on the Keystone Pipeline and for the Keystone XL Pipeline project from Hardisty, Alberta to markets in Cushing, Oklahoma and the U.S. Gulf Coast.

Interested parties may submit binding bids for transportation capacity during the Open Season that will close at 12 p.m. MT on September 28, 2017. Shipper information regarding the Open Season is available by contacting:

/T/

Byron Levie
403.920.2947
byron_levie@transcanada.com

Lindsay Mackay
403.920.6321
lindsay_mackay@transcanada.com

/T/

With more than 65 years' experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and liquids pipelines, power generation and gas storage facilities. TransCanada operates a network of natural gas pipelines that extends more than 91,500 kilometres (56,900 miles), tapping into virtually all major gas supply basins in North America. TransCanada is the continent's leading provider of gas storage and related services with 653 billion cubic feet of storage capacity. A large independent power producer, TransCanada currently owns or has interests in approximately 6,200 megawatts of power generation in Canada and the United States. TransCanada is also the developer and operator of one of North America's leading liquids pipeline systems that extends over 4,300 kilometres (2,700 miles), connecting growing continental oil supplies to key markets and refineries. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP. Visit TransCanada.com to learn more, or connect with us on social media and 3BL Media.

- END RELEASE - 27/07/2017

For further information:
TransCanada Media Enquiries:
Terry Cunha/Jacquellyn Benson
403.920.7859 or 800.608.7859
OR
TransCanada Investor & Analyst Enquiries:
David Moneta/Stuart Kampel
403.920.7911 or 800.361.6522

COMPANY:
FOR: TRANSCANADA
TSX SYMBOL: TRP
NYSE SYMBOL: TRP

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170727CC0045

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