Keyera Files Preliminary Short Form Shelf Prospectus

Keyera Facilities Income Fund announced that it has filed a preliminary short form base shelf prospectus with Canadian regulatory authorities in each of the provinces of Canada. The prospectus will allow for the issue of trust units, subscription receipts and senior or subordinated unsecured debt securities, up to an aggregate offering price of $1,000,000,000 Cdn during the 25 month period that this short form base shelf prospectus remains effective.

If Keyera offers securities under the short form shelf prospectus, a prospectus supplement containing the specific terms of the offering will be issued.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The preliminary base shelf prospectus is still subject to completion or amendment.

Keyera Facilities Income Fund operates one of the largest natural gas midstream businesses in Canada. Its business consists of natural gas gathering and processing as well as the processing, transportation, storage and marketing of natural gas liquids (NGLs) and crude oil midstream activities.

Keyera’s gas processing plants and associated facilities are strategically located in the west central and foothills natural gas production areas of the Western Canadian Sedimentary Basin. Its NGL and crude oil infrastructure includes pipelines, terminals and processing and storage facilities in Edmonton and Fort Saskatchewan, Alberta, a major North American NGL hub. Keyera markets propane, butane and condensate to customers in Canada and the United States.