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Keyera Facilities Income Fund – 2005 Year End Results Conference Call and Webcast

Feb 27, 2006

Calgary, February 27, 2006 Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB) announced today that it expects to release its 2005 year end report on Wednesday, March 8, 2006. A conference call and webcast have been scheduled for Thursday, March 9 at 8:00 am MST (10:00 am Eastern) for interested investors, analysts, brokers and media representatives.

The conference call dial-in number is 800-796-7558 or 416-644-3414. A recording of the conference call will be available for replay until midnight, March 16, 2006 by dialing 877-289-8525 or 416-640-1917 and entering passcode 21174909 followed by the pound key.

A live webcast of the conference call can be accessed on Keyera’s website at www.keyera.com under Investor Information, Webcasts. Shortly after the call, an audio archive will be posted on the website for 90 days.

For further information about Keyera Facilities Income Fund, please visit our website or contact:

John Cobb, Director, Investor Relations or Avery Reiter, Investor Relations Advisor.

E-mail: ir@keyera.com

Telephone: (403) 205-7670 

Toll Free: (888) 699-4853

Facsimile: (403) 205-8303