Taylor NGL Limited Partnership

Taylor NGL Limited Partnership

July 28, 2005 17:09 ET

Taylor NGL Limited Partnership Announces Increased Distribution

CALGARY, ALBERTA--(CCNMatthews - July 28, 2005) - Taylor Gas Liquids Ltd., general partner of Taylor NGL Limited Partnership (TSX:TAY.UN) (TSX:TAY.DB), is pleased to announce a 4.35% increase in its monthly cash distribution to $0.060 per limited partnership unit to be paid on August 15th to unitholders of record on August 10th, 2005.

This is the second increase in monthly distributions since Taylor acquired the Harmattan Gas Processing Complex on March 22, 2005.

The Partnership owns and operates the RET Complex, the Harmattan Complex and the Joffre Extraction Plant, all in Alberta, and the Younger Extraction Plant in British Columbia. The RET Complex and the Harmattan Complex are natural gas processing facilities that provide services to the oil and gas industry under a variety of fee structures. The Joffre and Younger plants are natural gas liquids extraction facilities that produce ethane, propane, butane and condensate. 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.

This press release contains forward-looking statements, which are subject to certain assumptions, risks and uncertainties that could cause actual results to differ materially from those contemplated in the forward-looking statements.

Taylor NGL Limited Partnership (www.taylorngl.com) units and convertible debentures trade on the Toronto Stock Exchange under the symbols TAY.UN and TAY.DB, respectively.

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