Keyera Announces Appointment of David Smith as President and Chief Operating Officer

CALGARY, May 10 /CNW/ - Keyera Corp. (TSX:KEY) (TSX:KEY.DB) (TSX:KEY.DB.A) ("Keyera" or the "Company") today announces the appointment of David Smith as President and Chief Operating Officer of the Company. Mr. Smith currently serves as Executive Vice President, Liquids Business Unit. Jim Bertram, currently President and Chief Executive Officer, will continue in the role of Chief Executive Officer.

"For the past 12 years, David and I have worked together with the Keyera team in creating one of Canada's largest midstream service providers," said Mr. Bertram. "David was a founding member of this business and has been instrumental in developing Keyera's business strategy. Throughout his career with Keyera, David has held a variety of senior positions, providing him with in-depth perspective on Keyera's operations. We are proud of the contributions David has made and congratulate him on his appointment. Going forward, I will continue my focus on strategic planning and business development, working closely with our leadership team to help shape Keyera's future."

In his new role, Mr. Smith will be responsible for all aspects of Keyera's business, with a focus on the safe and reliable operation of the Company's facilities. As the value of natural gas liquids continues to influence activity within the basin, Mr. Smith will focus on the development of integrated customer offerings and growth initiatives in both the Gathering and Processing and Liquids Business units.

Mr. Smith, along with Dean Setoguchi, Vice President and Chief Financial Officer for the Company, will continue to report to Mr. Bertram. Suzanne Hathaway, General Counsel, will take on the added role of Corporate Secretary, reporting to Mr. Setoguchi.

About Keyera Corp.

Keyera operates one of the largest natural gas midstream businesses in Canada. The Company's business consists of natural gas gathering and processing, and the processing, transportation, storage and marketing of natural gas liquids (NGLs) and crude oil midstream activities. Keyera's gas processing plants and associated facilities are strategically located in the west central and foothills natural gas production areas of the Western Canadian Sedimentary Basin. The Company's NGL and crude oil infrastructure includes pipelines, terminals and processing and storage facilities in Edmonton and Fort Saskatchewan, Alberta, a major North American NGL hub. Keyera markets propane, butane and condensate to customers in Canada and the United States.

SOURCE Keyera Corp.

For further information: about Keyera Facilities Income Fund, please visit our website at www.keyera.com or contact: John Cobb, Director, Investor Relations or Heidi Christensen Brown, Senior Advisor, Investor Relations, E-mail: ir@keyera.com, Telephone: (403) 205-7670/Toll Free: (888) 699-4853, Fax: (403) 205-8440


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