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SENIOR MANAGEMENT CHANGES AT TRANSCANADA PIPELINES

 CALGARY, Alberta, March 17 /PRNewswire/ -- Gerald J. Maier, chairman, chief executive officer and president of TransCanada PipeLines (NYSE: TRP, Montreal, Toronto: TRP), today announced his intention to step down as president, following the annual meeting of shareholders April 23. He also stated he planned to leave the position of chief executive officer within a year.
 TransCanada's board of directors indicated it planned to appoint George W. Watson president of the company on April 23. "These senior management changes are a product of the board's function at TransCanada where succession plans are reviewed and approved annually by the Directors," said a board spokesman. "TransCanada has a strong team of managers and professionals at every level. The personnel development and succession planning policies and practices have the company well positioned to meet its human resource needs. We are pleased to be able to schedule a smooth transition in executive responsibilites."
 "Our current plan is to move to an organizational structure where the position of chairman of the board will be non-executive and separate from the senior executive position of chief executive officer," said Maier. "This is a practice being adopted by some other large corporations, and we believe it will be appropriate for TransCanada PipeLines in the future. The company has achieved impressive growth in recent years. The planned change in organization structure is a forward-looking decision that acknowledges the magnitude and complexity of TransCanada's business today and the encouraging growth opportunities that lie ahead."
 -0- 3/17/93
 /CONTACT: John W. Stinson of TransCanada PipeLines, 403-267-8550/
 (TRP)


CO: TransCanada PipeLines Limited ST: Alberta IN: OIL SU: PER

BP-LS -- LA032 -- 7234 03/17/93 19:16 EST
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Publication:PR Newswire
Date:Mar 17, 1993
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