Calgary, May 19, 2006 Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB) announced
today a cash distribution for May 2006 of 11.9 cents per unit. The distribution will be payableon June 15, 2006 to unitholders of record on May 31, 2006. The ex-distribution date is May29, 2006.
For tax purposes, Keyera currently expects that approximately 60% to 70% of its 2006distributions will be a return of capital for Canadian residents. This outlook is subject tochange, depending on the levels of profitability and capital expenditures in each of Keyera’soperating entities. For non-resident unitholders, Keyera’s distributions, including both incomeand return of capital portions, are subject to Canadian withholding tax.
This document contains forward-looking statements that involve known and unknown risksand uncertainties, many of which are beyond Keyera’s control. The forward-lookingstatements are based on management’s current expectations and assumptions relating toKeyera’s business and the environment in which it operates. As the results or eventspredicted or implied in these forward-looking statements depend upon future events, actualresults or events may differ materially from those predicted. Factors which could cause actualresults or events to differ materially include the ability of Keyera to successfully implementstrategic initiatives, whether such initiatives yield the expected benefits, operating and othercosts, future operating results and the components of those results, fluctuations in thedemand for natural gas, NGLs and crude oil, the activities of producers, competitors andothers, the weather, overall economic conditions and other known or unknown factors. Therecan be no assurance that the results or developments anticipated by Keyera will be realized orthat they will have the expected consequences for or effects on Keyera. For additionalinformation on these and other factors, see Keyera’s public filings on www.sedar.com. Unlessotherwise required by applicable laws, Keyera does not intend to publicly update or reviseforward-looking statements, whether as a result of new information, future events orotherwise.
For further information about Keyera Facilities Income Fund, please visit our website at
www.keyera.com 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
