Pembina Pipeline Corporation announced that its Board of Directors has approved a capital spending plan of approximately $1.5 billion for 2014. This is approximately 56 percent higher than last year's capital budget and represents the largest in the Company's history.

"Pembina's capital spending plan for 2014 is indicative of the substantial suite of growth projects we have before us, the majority of which are under long-term, fee-for-service agreements," said Mick Dilger, President and Chief Operating Officer. "This investment is directly aligned with our goal of providing long-term and sustainable value to our shareholders."

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