Calgary, March 21, 2005 Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB) announced today a cash distribution for March, 2005 of 10.3 cents per unit. The distribution will be payable on April 15, 2005 to unitholders of record on March 31, 2005. The ex-distribution date is March 29, 2005.
For tax purposes, Keyera expects that 70% of its 2005 distributions will be a return of capital for Canadian residents, with the majority of the remainder being dividend income.
For non-resident unitholders, Keyera’s distributions are subject to withholding tax effective January 1, 2005. As a result of changes to Canadian tax legislation, the total distribution to non-resident unitholders, including both income and return of capital portions, is subject to Canadian withholding tax.
For further information about Keyera Facilities Income Fund, please visit our website at www.keyera.com or contact:
John Cobb, Director, Investor Relations
E-mail: John_Cobb@keyera.com
Telephone: (403) 205-7670
Toll Free: (888) 699-4853
Facsimile: (403) 205-8303
