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TransCanada Publicizes 2Q Revenue

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July 27, 2012

TransCanada Corporation (TSX, NYSE: TRP) announced comparable earnings for second quarter 2012 of $300 million or $0.43 per share. Excluding an after-tax charge of $22 million related to the Sundance A PPA arbitration decision received in July 2012, comparable earnings for second quarter 2012 were $322 million or $0.46 per share. TransCanada's Board of Directors also declared a quarterly dividend of $0.44 per common share for the quarter ending September 30, 2012, equivalent to $1.76 per common share on an annualized basis.

"TransCanada's diverse, high-quality energy infrastructure assets performed well ...

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