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Exchange Bulletin

Kinder Morgan Canada Limited (KML) To Trade On Toronto Stock Exchange

May 26, 2017
Issuer: Kinder Morgan Canada Limited (the "Company")
Security: Restricted Voting Shares (the "Shares") refer to the Prospectus for a description of the attributes of the Shares.
Symbol(s): KML
Issue price per security: $17.00
Number of securities issued and outstanding: 102,942,000
Number of securities reserved for issuance: 25,441,300
Listing category: Industrial
CUSIP: 494549 20 7
Trading currency: CDN$
Transaction: Initial public offering of the Shares (the "Offering").
Listing date: May 29, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: May 30, 2017 (prior to the opening)
Posted for trading date: May 30, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Temporary market maker: TD Securities Inc.
Security ownership registration: Direct Registration System
Investor relations: Melanie Blair
(403) 514-6780
Scott Stoness
(403) 514-6780
Incorporation: Business Corporations Act (Alberta)
Fiscal year end: December 31
Nature of business: The Company's business is an investment in a limited partnership that holds a portfolio of energy infrastructure assets across Western Canada.
Transfer agent and registrar: Computershare Trust Company of Canada at its principal offices in Calgary and Toronto.
Dividends: The Company expects to establish a dividend policy to pay a quarterly dividend initially expected to be approximately $0.65 per Share on an annualized basis. The payment of dividends is not guaranteed and the amount and timing of any dividends payable will be at the discretion of the Board of Directors.
Assuming the closing of the Offering on May 30, 2017, the first dividend payment of $0.0571 per Share is expected to be paid on or about August 15, 2017 to shareholders of record on July 31, 2017 (representing the dividend payable for the period between the closing of the Offering and to June 30, 2017).
Sponsorship: Not applicable
Disclosure document: Prospectus dated May 25, 2017 (the "Prospectus"), which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 102,942,000 Shares are being offered to the public from treasury at a price of $17.00 per Share (the "Offering Price"). In addition, the underwriters have been granted an over-allotment option to purchase up to an additional 15,441,300 Shares.
TSX contact: Julie K. Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.