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KeySpan Facilities Income Fund Announces October 2003 Distribution

Oct 22, 2003

Calgary, October 22, 2003 KeySpan Facilities Income Fund (TSX:KEY.UN) announced today a cash distribution for October, 2003 of 9.08 cents per unit. The distribution will be payable on November 17, 2003 to Unitholders of record on October 31, 2003. The ex-distribution date is October 29, 2003.

For further information about KeySpan Facilities Income Fund, please visit our website at www.keyspancanada.com or contact:

John Cobb, Director, Investor Relations, E-mail: John_Cobb@keyspancanada.com Telephone (403) 205-7670 Toll Free: (888) 699-4853 Facsimile: (403) 205-8303