LP Structure

Inter Pipeline Fund was created pursuant to a partnership agreement and registered as a limited partnership under the laws of the Province of Alberta on October 9, 1997.

Pipeline Management Inc., the general partner of Inter Pipeline, holds a 0.1% partnership interest represented by Class B units and public unitholders hold the remaining 99.9% partnership interest, as limited partners, which are represented by Class A units. Inter Pipeline's Class A units are widely held.

The following diagram illustrates the simplified structure of Inter Pipeline and its various operating entities as at June 15, 2007.

LP Structure
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for structure chart

LP Structure
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