Keyera Facilities Income Fund Announces December 2009 Distribution

CALGARY , Dec. 10 /CNW/ - Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB; KEY.DB.A) announced today a cash distribution for December 2009 of 15.0 cents per unit. The distribution will be payable on January 15, 2010 to unitholders of record on December 22, 2009 . The ex-distribution date is December 18, 2009 .

For tax purposes, Keyera currently expects that its 2009 distributions will be taxable for Canadian non-exempt unitholders. This outlook is subject to change. For non-resident unitholders, Keyera's distributions are subject to Canadian withholding tax.

Disclaimer

This document contains forward-looking statements based on management's current expectations and assumptions relating to Keyera's business and the environment in which it operates. As these forward-looking statements depend upon future events, actual outcomes may differ materially depending on factors such as: the distribution policy of the Fund; the operation of the Premium Distribution(TM) and Distribution Reinvestment Plan (including a decision by Keyera to pro-rate or suspend the Premium Distribution(TM)); future operating results of Keyera's business segments and the components of those results; Keyera's ability to execute its strategic initiatives; commodity supply/demand balances and prices; activities of producers, competitors and others; overall economic conditions; the legislative, regulatory and tax environment (including any further announcements with respect to the tax treatment of income trusts); and other known or unknown factors. There can be no assurance that the results or developments anticipated by Keyera will be realized or that they will have the expected consequences for or effects on Keyera.

For additional information on these and other factors, see Keyera's public filings on www.sedar.com. Unless otherwise required by applicable laws, Keyera does not intend to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise.

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For further information: about Keyera Facilities Income Fund, please visit our website at www.keyera.com or contact: John Cobb, Director, Investor Relations or Bradley White, Investor Relations Advisor, E-mail: [email protected], Telephone: [phone], Toll Free: [phone], Facsimile: [phone]