News Release

Pembina Pipeline Corporation to Host Investor & Analyst Day December 7

CALGARY, Dec. 3 /CNW/ - Pembina Pipeline Corporation (TSX: PPL) ("Pembina") will hold its inaugural Investor & Analyst Day on Tuesday, December 7, 2010 in Toronto, Ontario.

Pembina's senior executive will discuss the company's strategy, capital program and its outlook for growth, including an overview of projects it plans to pursue between 2011 and 2013.

The following senior executives will be speaking:

    -   Bob Michaleski, President and Chief Executive Officer
    -   Mick Dilger, Chief Operating Officer
    -   Peter Robertson, Vice President & Chief Financial Officer
    -   Stuart Taylor, Vice President, Gas Services
    -   Bob Jones, Vice President, Midstream & Marketing

The event will be webcast starting at 9 a.m. eastern standard time (EST), 7 a.m. mountain standard time (MST) and is available through Pembina's Investor Centre at or by entering the following URL in your web browser A copy of the presentation and webcast will be archived for 30 days and accessible for replay at

Pembina Pipeline Corporation transports crude oil and natural gas liquids produced in Western Canada, owns and operates oil sands pipelines and has a growing presence in midstream and natural gas services sectors. Pembina's common shares and convertible debentures are traded on the TSX under the symbols PPL and PPL.DB.B and PPL.DB.C respectively.

Forward-Looking Information & Statements

This news release and the comments and presentations to be made at Pembina's investor and analyst day include forward-looking statements and information that are subject to a variety of risk and uncertainties. Actual results may differ materially from those expressed or implied by the forward-looking statements and information. Further information about these risks and uncertainties and the estimates, projections and assumptions used, is available in Pembina's 2009 annual report and annual information form.