Keyera's 8.25% Convertible Debentures Mature on December 31, 2013

CALGARY, Dec. 27, 2013 /CNW/ - Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) ("Keyera") issued a reminder to holders that Keyera's 8.25% Convertible Unsecured Subordinated Debentures, (the "Debentures"), originally issued on December 1, 2008 and trading on the Toronto Stock Exchange under the symbol KEY.DB.A, will mature on December 31, 2013.

In accordance with the Trust Indenture, the Debentures may be converted into common shares of Keyera Corp. until the close of business on December 31, 2013.  Requests to convert must be submitted through the brokerage or other intermediary through which the Debentures are held.  As processing times for each brokerage or intermediary may vary, Keyera suggests holders contact their broker or intermediary well in advance to determine the final date that conversion requests will be accepted.

Unless the Debenture is converted, the holder will be entitled to be paid the principal amount of the Debenture, plus accrued and unpaid interest.

For more information, please visit Keyera's website at www.keyera.com.

About Keyera Corp.

Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) 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), the production of iso-octane and crude oil midstream activities.

Keyera's gas processing plants and associated facilities are strategically located in the west central, foothills and deep basin natural gas production areas of the Western Canada Sedimentary Basin.  Its NGL and crude oil infrastructure, including pipelines, terminals and processing and storage facilities, as well as its iso-octane facility, are located in Edmonton and Fort Saskatchewan, Alberta, a major North American NGL hub.  Keyera markets propane, butane, condensate and iso-octane to customers in Canada and the United States.

SOURCE Keyera Corp.

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Additional Information

For further information about Keyera, please visit our website at www.keyera.com or contact:

John Cobb, Vice President, Investor Relations and Information Technology, or
Julie Puddell, Manager, Investor Relations
E-mail: ir@keyera.com, Telephone: (403) 205-7670 / Toll Free: (888) 699-4853, Facsimile: (403) 205-8425.