Alex Pourbaix is President, Energy. He is responsible for TransCanada Corporation’s non-regulated businesses, including power, gas storage, liquefied natural gas and compressed natural gas. He is also responsible for the operation of Cancarb Limited, a carbon black manufacturing business owned and operated by TransCanada. Prior to his current appointment, Mr. Pourbaix was Executive Vice-President, Power for TransCanada. He currently serves as Chairman and director of TransCanada Turbines Ltd., an aeroderivative turbine overhaul and repair business. Mr. Pourbaix is a 2002/2003 recipient of Canada’s Top 40 Under 40 Award for leadership excellence for Canadians under the age of 40. Mr. Pourbaix is a Director of Junior Achievement of Southern Alberta. He also serves on the Board of Management for Alberta Economic

Development Authority. Mr. Pourbaix holds a Bachelor of Arts, with distinction, and a Bachelor of Law from the University of Alberta. Executive Vice-President, Power Development, May 2001 to March 2003. Prior to May 2001, Senior Vice-President, Power Ventures.