RNS Number:1992K
TransCanada Pipelines Ld
17 April 2003

-------------------------------------------------------------------------

NewsRelease

                TransCanada Annual Meeting of Shareholders, and

            First Quarter 2003 Teleconference and Web Cast Advisory


CALGARY, Alberta - April 17, 2003 - (TSX:TRP) (NYSE:TRP) - TransCanada PipeLines
Limited will hold its Annual and Special Meeting of Shareholders beginning at
10:30 a.m. (Mountain) / 12:30 p.m. (Eastern) on Friday, April 25, 2003. The
meeting will take place at the Roundup Centre (13th Avenue and Third Street
S.E.) in Calgary, Alberta. A live audio Web cast of the meeting will be
available on TransCanada's Web site at www.transcanada.com beginning at 10:30
a.m. (Mountain) / 12:30 p.m. (Eastern). The meeting Web cast will be archived
and available for replay.

TransCanada will release its first quarter 2003 financial results in the morning
of Friday, April 25, 2003. The company will hold a teleconference April 25 at 1
p.m. (Mountain) / 3 p.m. (Eastern) to discuss the first quarter 2003 financial
results and general developments and issues concerning the company. Analysts,
members of the media and other interested parties wanting to participate in the
call should dial 1-800-273-9672 or 416-695-5806 (Toronto area) at least 10
minutes prior to the start of the call. No pass code is required. A replay of
the teleconference will be available two hours after the conclusion of the call
until midnight, May 2, 2003, by dialing 1-800-408-3053 or 416-695-5800 (Toronto
area) and entering passcode 1402789.

The conference will begin with a short address by members of TransCanada's
executive management, followed by a question and answer period for investment
analysts, then media. A live audio Web cast of the teleconference will also be
available on TransCanada's Web site. The teleconference Web cast will be
archived and available for replay.

TransCanada is a leading North American energy company. We are focused on
natural gas transmission and power services with employees who are expert in
these businesses. Our network of approximately 38,000 kilometres of pipeline
transports the majority of western Canada's natural gas production to the
fastest growing markets in Canada and the United States. TransCanada has
interests in more than 4,000 megawatts of power - an equal amount of power can
meet the needs of about four million average households. Our common shares trade
under the symbol TRP on the Toronto and New York stock exchanges. Visit us on
the internet at www.transcanada.com for more information.


                                          -30-

Media Inquiries:    Glenn Herchak/Hejdi Feick          (403) 920-7877

Analyst Inquiries:  David Moneta/Debbie Persad         (403) 920-7911


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCVDLFFXZBBBBQ