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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9505)3/11/1998 10:36:00 PM
From: Arnie   of 15196
 
PIPELINES / Pembina Pipeline Income Fund reports Distribution

CALGARY, March 11 /CNW/ - Pembina Pipeline Income Fund announced its
first quarter 1998 cash distribution to Unitholders of $0.24 (twenty four
cents) per Unit. The distribution will be made to Unitholders of record March
31, 1998 and payable April 15, 1998. This first quarter distribution is in
line with the full year 1998 distribution of $0.95 indicated in Pembina's
prospectus for its initial public offering.

Pembina Pipeline Income Fund is a Canadian income fund engaged, through
its wholly owned subsidiary Pembina Pipeline Corporation, in the
transportation of crude oil, condensate and natural gas liquids in Western
Canada. The Fund's units trade as instalment receipts on the Toronto Stock
Exchange under the symbol PIF.IR. The final instalment of $4.00 per unit is
due October 23, 1998.
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