Calgary, November 21, 2005 Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB) announced today a cash distribution for November 2005 of 11.9 cents per unit. The distribution will be payable on December 15, 2005 to unitholders of record on November 30, 2005. The ex-distribution date is November 28, 2005.
The distribution amount of 11.9 cents per unit reflects the 5% cash distribution increase that was announced on November 10, 2005. This is the third distribution increase in 2005 and represents a 31% increase since the Fund began operations in May 2003.
For tax purposes, Keyera expects that approximately 60 to 70% of its 2005 distributions will be a return of capital for Canadian residents.
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.
This document contains certain forward-looking statements that involve significant known and unknown risks and uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, many of which are beyond the control of Keyera. Some of these factors are discussed in Keyera’s public filings with Canadian Securities Administrators, filed on www.sedar.com. No assurances can be given that actual results will be consistent with these forward-looking statements.
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
