Pembina Pipeline Announces Change to Distribution Record Date



    CALGARY, May 8 /CNW/ - Pembina Pipeline Income Fund ("Pembina" or the
"Fund") announces that its distribution record date will change effective with
the June 2009 distribution. Pembina will change its distribution record date
on a go forward basis to the 25th day of each month, for all months in the
calendar year except for December, for which the distribution record date will
remain as December 31st. Pembina expects that the change in record date will
facilitate improved administration of Pembina's Premium Distribution,
Distribution Reinvestment and Optional Unit Purchase Plan. The distribution
payment date, which is the 15th day of the calendar month following the
distribution record date, will remain unchanged.

    Pembina Pipeline Income Fund (TSX: PIF.UN, 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. Information on the Pembina Pipeline Income Fund is
available at www.pembina.com.

    Forward-Looking Information and Statements

    This new release contains certain forward-looking information and
statements that are based on the Fund's current expectations, estimates,
projections and assumptions in light of its experience and its perception of
historical trends. In this news release, such forward-looking information and
statements can be identified by terminology such as "may", "will", "should",
"expects", "projects", "plans", "anticipates", "contemplates", "targets",
"believes", "strives", "estimates", "continue", "designed", "objective",
"maintain", "schedule", "endeavor", "subject", "development, "confidence" and
similar expressions.
    The forward-looking statements are not guarantees of future performance
and are subject to a number of known and unknown risks and uncertainties.
These risks and uncertainties include, among other things, those detailed
under the heading "Risk Factors" in the Fund's annual information form for the
year ended December 31, 2008 and the Fund's management's discussion and
analysis for the year ended December 31, 2008, each of which can be found
under the Fund's SEDAR profile at www.sedar.com. Accordingly, readers are
cautioned that events or circumstances could cause results to differ
materially from those predicted, forecasted or projected. Undue reliance
should not be placed on these forward-looking statements as both known and
unknown risks and uncertainties, including those business risks referred to
above, may cause actual performance and financial results in future periods to
differ materially from any projections of future performance or results
expressed or implied by such forward-looking statements. Such forward-looking
statements are expressly qualified by the above statements. The Fund does not
undertake any obligation to publicly update or revise any forward-looking
statements or information contained herein, except as required by applicable
laws.

    %SEDAR: 00008906E




For further information:

For further information: Glenys Hermanutz, Vice President, Corporate
Affairs, Pembina Pipeline Corporation, (403) 231-7500, 1-888-428-3222, e-mail:
investor-relations@pembina.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890