Confirmation - Fortis Inc. Fourth Quarter Dividends.

ST. JOHN'S, QUEBEC--(BUSINESS WIRE)--Sept. 16, 1999--

Fortis Inc. (TSE:FTS.) (ME:FTS.) is pleased to confirm that on September 15, 1999 its Board of Directors declared a dividend of $0.46 per common share payable on December 1, 1999.

This growth in quarterly dividend continues a 26 year record of annual increases in common dividends paid by Fortis.

The dividends declared by the Board of Fortis Inc. on September 15, 1999 were as follows:

              Amount Per Share    Record Date    Payment Date
Common Shares            $0.46     November 5      December 1
First Preference
 Shares Series B     $0.371875     November 5      December 1