CALGARY, Mar 14, 2006 (Canada NewsWire via COMTEX News Network) -- Pembina Pipeline Income Fund announces the March 2006 cash distribution to Unitholders of 9.5 cents per Trust Unit, to be paid April 13, 2006 to Unitholders of record on March 31, 2006. Pembina has delivered stable and growing distributions since inception in October 1997 and, based on Pembina's outlook, Management is confident that its annual distribution objective, recently increased from $1.05 per unit to $1.14 per unit, will be achieved in 2006.
Pembina Pipeline Income Fund (TSX: PIF.UN, PIF.DB, PIF.DB.A, PIF.DB.B) is among the leading issuers in the Canadian energy infrastructure trust sector. Pembina's extensive network of conventional liquids feeder pipelines, and growing presence in the oil sands and midstream sectors, provide an integral service to the Western Canadian energy industry. This balanced portfolio of premium, long-life energy infrastructure assets supports the stability and sustainability of the Fund.
This document contains forward-looking statements that involve risks and uncertainties. Such information, although considered reasonable by Pembina at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated in the statements made. For this purpose, any statements that are contained herein that are not statements of historical fact may be forward-looking statements. Such risks and uncertainties include, but are not limited to risks associated with operations, loss of market, regulatory matters, environmental risks, industry competition, pipeline design and construction, and ability to access sufficient capital from internal and external sources.
SOURCE: Pembina Pipeline Income Fund
Ms. Glenys Hermanutz, Manager, Corporate Development, Pembina Pipeline Corporation,
(403) 231-7500, 1-888-428-3222, e-mail: [email protected]; To request a
free copy of this organization's annual report, please go to
http://www.newswire.ca and click on Tools for Investors.