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lawrenzo

05/09/15 2:01 PM

#248 RE: lawrenzo #247

May Cash Dividend

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors approved a 5.2 percent increase in its monthly common share dividend rate (from $0.145 per common share to $0.1525 per common share) and declared a monthly dividend of $0.1525 payable, subject to applicable law, on June 15, 2015 to shareholders of record on May 25, 2015.