Taylor NGL Limited Partnership

Taylor NGL Limited Partnership

January 30, 2007 15:50 ET

Taylor NGL Limited Partnership Announces February 2007 Distribution and Release Date of Fourth Quarter and Year-End 2006 Results

CALGARY, ALBERTA--(CCNMatthews - Jan. 30, 2007) - Taylor Gas Liquids Ltd., general partner of Taylor NGL Limited Partnership (TSX:TAY.UN) (TSX:TAY.DB), is pleased to announce a cash distribution of $0.0625 per limited partnership unit to be paid on February 15 to unitholders of record on February 9, 2007.

Taylor will announce fourth quarter and year-end 2006 results after the market closes on Tuesday, February 6, 2007. A conference call to discuss these results will be held on Wednesday, February 7, 2007 at 8:30 a.m. MT / 10:30 a.m. ET. To participate in the conference call, please dial 416-695-5259 in the Toronto area and 1-877-888-7019 from all other areas of Canada.

A recording of the call will be available for replay until February 14, 2007 by dialing 416-695-5275 or 1-888-509-0081 (passcode 639673) or by following the links on Taylor's website, www.taylorngl.com.

The Partnership owns and operates the Harmattan Complex, the Joffre Extraction Plant and the RET Complex, all in Alberta, and the Younger Extraction Plant in British Columbia. The Partnership also owns two natural gas liquids pipelines, the Ethylene Delivery System and the Joffre Feedstock Pipeline, both of which move products between Joffre, Alberta and Fort Saskatchewan, Alberta. The Joffre and Younger plants are natural gas liquids extraction facilities that produce ethane, propane, butane and condensate. The RET Complex and the Harmattan Complex are natural gas processing facilities that provide services to oil and gas producers.

Taylor NGL Limited Partnership units and convertible debentures trade on the Toronto Stock Exchange under the symbol TAY.UN and TAY.DB, respectively.

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