OREANDA-NEWS. On March 20, 2007 TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) announced that its wholly owned subsidiary, ANR Pipeline Company ("ANR"), has notified the New York Stock Exchange of its intention to voluntarily withdraw from listing its: 9.625% Debentures due 2021 (Symbol NYSE: ANP 21), 7.375% Debentures due 2024 (Symbol NYSE: ANP 24), and 7% Debentures due 2025 (Symbol NYSE: ANP 25) (collectively, "Debentures"), reported the press-centre of  TransCanada Corporation.
Following the delisting, ANR intends to deregister these Debentures from registration with the U.S. Securities and Exchange Commission.

Due to the small number of record holders of each series of Debentures and low trading volume on the NYSE, ANR is taking the action to delist the Debentures, which it expects to become effective in April 2007. After the delisting, the debenture holders will continue to deal with and receive their interest payments through the trustee, The Bank of New York Trust Company, N.A.. The Debentures will not be listed on another national securities exchange.

With more than 50 years experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas pipelines, power generation, gas storage facilities, and projects related to oil pipelines and LNG facilities. TransCanada's network of wholly owned pipelines extends more than 59,000 kilometres (36,500 miles), tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with approximately 360 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns, or has interests in, approximately 7,700 megawatts of power generation in Canada and the United States. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP.