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Keyera to Present at FirstEnergy Capital Energy Trust Conference

Oct 16, 2006

Calgary, October 16, 2006 – Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB) (“Keyera”) announced today that it will present at the FirstEnergy Capital Energy Trust Conference in Montreal, Quebec on October 18, 2006 at 10:32 am Eastern. Presenting for Keyera will be Jim Bertram, President and CEO.

To listen and view this online event, please visit:

http://www.firstenergy.com/conf/tcfall_06/KEY_UN.html, or visit Keyera’s website at www.keyera.com, under Investor Information, Webcasts & Presentations. The presentation will be available in an archived version for 30 days following the live presentation.

About Keyera Facilities Income Fund

Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB) 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.

Keyera's gas processing plants and associated facilities are strategically located in the west central and foothills natural gas production areas of the Western Canadian 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 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.