Pembina Pipeline Corporation Announces June 2013 Dividend

          Pembina Pipeline Corporation Announces June 2013 Dividend

PR Newswire

CALGARY, June 6, 2013

CALGARY, June 6, 2013 /PRNewswire/ - The Board of Directors of Pembina
Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has
declared a June 2013 cash dividend of $0.135 per share to be paid, subject to
applicable law, on July 15, 2013 to shareholders of record on June 25, 2013.
This dividend is designated an "eligible dividend" for Canadian income tax
purposes. For non-resident shareholders, Pembina's dividends are considered
"qualified dividends" and are subject to Canadian withholding tax.

For shareholders receiving their dividends in U.S. funds, the June 2013 cash
dividend will be approximately U.S.$0.132 per share (before deduction of any
applicable Canadian withholding tax) based on a currency exchange rate of
0.9768. The actual U.S. dollar dividend will depend on the Canadian/U.S.
dollar exchange rate on the payment date and will be subject to applicable
withholding taxes.

Confirmation of Record Date Policy

Pembina pays cash dividends in Canadian dollars on a monthly basis to
shareholders of record on the 25th calendar day of each month (except for the
December record date, which is December 31st), as and when determined by the
Board of Directors. Should the record date fall on a weekend or a statutory
holiday, the effective record date will be the previous business day.

About Pembina

Calgary-based Pembina Pipeline Corporation is a leading transportation and
midstream service provider that has been serving North America's energy
industry for nearly 60 years. Pembina owns and operates: pipelines that
transport conventional and synthetic crude oil and natural gas liquids
produced in western Canada; oil sands, heavy oil and diluent pipelines; gas
gathering and processing facilities; and, an oil and natural gas liquids
infrastructure and logistics business. With facilities strategically located
in western Canada and in natural gas liquids markets in eastern Canada and the
U.S., Pembina also offers a full spectrum of midstream and marketing services
that span across its operations. Pembina's integrated assets and commercial
operations enable it to offer services needed by the energy sector along the
hydrocarbon value chain.

SOURCE Pembina Pipeline Corporation


Investor Relations
Hayley Nelson
(403) 231-3156
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