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TC PipeLines, LP Reports Increase in Third Quarter 2010 Results

HOUSTON, Texas - October 27, 2010 -TC PipeLines, LP (NASDAQ: TCLP) (the Partnership)
today reported a $5.7 million increase in third quarter 2010 Partnership cash flows to $45.4
million compared to $39.7 million for the same period in 2009. Net income for third quarter 2010
was $38.6 million, an increase of $11.2 million, compared to $27.4 million for the same period in
2009.

"Overall, TC PipeLines generated strong earnings and cash flows during the third quarter from
our underlying pipeline assets, particularly Northern Border. The Partnership increased its
quarterly cash distribution rate by three per cent to $0.75 per common unit, or $3.00 per
common unit on an annualized basis," said Steve Becker, president of TC PipeLines GP, Inc.
"Both Northern Border and Great Lakes have contracted major portions of their capacity into
2011. Moving forward, we will remain disciplined and opportunistic in our approach to growing
the Partnership."

Third Quarter Highlights (All financial figures are unaudited)

· Increased cash distributions by 3 per cent to $0.75 per common unit

· Partnership cash flows of $45.4 million

· Paid cash distributions of $34.4 million

· Net income of $38.6 million or $0.82 per common unit

• Strong financial results from Northern Border pipeline

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