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TransCanada Corporation:
E. Linn Draper, Director

Thursday, July 14, 2005

E. Linn Draper
From The Globe and Mail

S. Barry Jackson, Chairman, TransCanada Corporation, is pleased to announce that Kevin E. Benson and E. Linn Draper have joined TransCanada's Board of Directors.

E. Linn Draper retired as Chairman, President and Chief Executive Officer of Columbus, Ohio-based American Electric Power Co., Inc. (AEP) in 2004. Dr. Draper previously served a Chairman of the Board, President and Chief Executive Officer of Gulf States Untilities Company, Beaumont, Texas.

Dr. Draper also serves as a director of NorthWestern Corporation, Temple-Inland Inc., Alliance Data Systems Corporation and Alpha Natural Resources, Inc. Dr. Drpaer will sit on the Health, Safety and Environment, and Human Resources committees of the TransCanada board.

Dr. Draper holds a bachelors and masters degree in chemical engineering from Rice University, and a PhD in nuclear science and engineering from Cornell University.

TransCanada (TSX: TRP) (NYSE: TRP) is a leading North American energy company. TransCanada is focused on natural gas transmission and power services with employees who are expert in these businesses. TransCanada's network of approximately 41,000 kilometres (25,600 miles) of pipeline transports the majority of Western Canada's natural gas production to the fastest growing markets in Canada and the United States. TransCanada owns, controls or is constructing approximately 5,700 megawatts of power generation - an amount of power that can meet the needs of about 5.7 million average households.

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