EnerNorth's Industrial & Offshore Division Order Book Expands By C$3 Million.

Energy Editors/Business Editors

TORONTO--(BUSINESS WIRE)--Sept. 22, 2003

EnerNorth Industries Inc. (AMEX: ENY) (Frankfurt Stock Exchange: EPW1) (www.enernorth.com) ("EnerNorth" or the "Company") announces that its Industrial & Offshore Division, M&M Engineering Limited and M&M Offshore Limited (M&M) have been awarded contracts and orders approximating C$3 Million net with some of Atlantic Canada's leading industrial projects, including Inco's Voiseys Bay Nickel Project, Husky's White Rose Offshore Oil Project and North Atlantic's Come By Chance Refinery.

M&M through its 49% interest in Liannu Limited Partnership ("Liannu") has been awarded contracts for (i) the fabrication, engineering and testing of a fuel unloading and load dispensing system; (ii) the fabrication, engineering and testing of a fire/freshwater pump house; (iii) the fabrication of concentrate storage tanks; and (iv) installation of cladding of the infrastructure site for Inco's Voiseys Bay Nickel Project in Newfoundland and Labrador.

The contract with North Atlantic Refining Limited includes installation of a replacement jetty fire water line and pump house upgrades at Come-By-Chance Refinery in Newfoundland and Labrador.

The contract for Husky's White Rose Offshore Oil Project is for the fabrication of two open drain skids to be welded to the floating production storage and offloading vessel.

David Myers, President of M&M, stated: "We are extremely pleased with the opportunity to take part in large scale projects for Atlantic Canada's growing Infrastructure and Development Sector. The award of these contracts is an indication that management's plan to increase M&M's revenue and market share by participating in building the infrastructure and later performing the maintenance is well underway."

About Inco Limited - Voisey's Bay Nickel Project

Inco Limited is a Canadian-based global company and the world's second largest producer of nickel with operations and an extensive marketing network in over 40 countries. The Voisey's Bay nickel deposit was discovered in September 1993 on the eastern edge of a vast expanse of northern wilderness, 350 km north of Happy Valley-Goose Bay in Labrador, Canada. In June 2002, Inco announced a US$1.9 billion development plan for the Voisey's Bay deposit with an estimated project life of about 30 years.

About North Atlantic Refining Ltd. (NARL)

NARL operates the 105,000 barrels per day Refinery at Come-By-Chance, Newfoundland and Labrador. The strategic location on the main North Atlantic shipping route allows NARL to bring crude oil from overseas and new offshore oil fields in Atlantic Canada and ship refined petroleum products anywhere in the world. NARL holds the largest refinery dock in North America with extensive tank facilities and is only three sailing days from New York.

About the White Rose Project

Discovered in 1984, the White Rose offshore oil field is located in the Jeanne d'Arc Basin 350km east of St. John's, Newfoundland and Labrador, Canada. The field consists of both oil and gas pools, including the South White Rose oil pool. The oil pool covers approximately 40km and contains an estimated 200-250 million barrels of recoverable oil. It is anticipated that the field will achieve first production by the end of 2005.

About EnerNorth Industries Inc.

EnerNorth is an energy source and service company operating as an Industrial & Offshore Division and an Oil & Gas Division.

There are approximately 4.06 million shares issued and outstanding in the capital of the Company.

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"), which reflect the Company's current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by, among other things, using words such as "anticipate," "believe," "estimate," "expect" and similar expressions. These statements reflect the current beliefs of management of the Company, and are based on current available information. Accordingly, these statements are subject to known and unknown risks, uncertainties and other factors which could cause the actual results, performance or achievements of the Company to differ materially from those expressed in, or implied by, these statements. (See the Company's Annual Information Form and Annual Form 20 F for Risk Factors.) The Company is not obligated to update or revise these "forward-looking" statements to reflect new events or circumstances.