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Keyera Announces August 2011 Dividend

Aug 8, 2011

CALGARY, Aug. 8, 2011 /CNW/ - Keyera Corp. (TSX:KEY); (TSX:KEY.DB.A) ("Keyera") announced today a cash dividend for August 2011 of 16.0 cents per common share. The dividend will be payable on September 15, 2011 to shareholders of record on August 22, 2011. The ex-dividend date is August 18, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax.

About Keyera Corp.

Keyera Corp. (TSX:KEY; TSX: KEY.DB.A) 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 Canada 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.

For further information:

Additional Information

For further information about Keyera, please visit our website at www.keyera.com or contact:

John Cobb, Director, Investor Relations or
Heidi Christensen Brown, Senior Advisor, Investor Relations
E-mail: ir@keyera.com, Telephone: (403) 205-7670 / Toll Free: (888) 699-4853, Facsimile: (403) 205-8425