Taylor NGL Limited Partnership

Taylor NGL Limited Partnership

February 25, 2005 17:38 ET

Taylor NGL Limited Partnership Announces March Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TAYLOR NGL LIMITED PARTNERSHIP

TSX SYMBOL: TAY.UN

FEBRUARY 25, 2005 - 17:38 ET

Taylor NGL Limited Partnership Announces March
Distribution

CALGARY, ALBERTA--(CCNMatthews - Feb. 25, 2005) - Taylor Gas Liquids
Ltd., general partner of Taylor NGL Limited Partnership (TSX:TAY.UN), is
pleased to announce a cash distribution of $0.055 per limited
partnership unit to be paid on March 15th to unitholders of record on
March 10th, 2005.

The Partnership owns and operates the Joffre Extraction Plant in
Alberta, the Younger Extraction Plant in British Columbia, and the RET
Complex in southeastern Alberta. The Partnership also owns two natural
gas liquids pipelines in Alberta, the Ethylene Delivery System and the
Joffre Feedstock Pipeline. Both the Joffre and Younger plants are
natural gas liquids extraction facilities that produce ethane, propane,
butane and condensate. The RET Complex consists of three interconnected
natural gas processing facilities and their associated gathering
systems. The Ethylene Delivery System is used to transport ethylene from
NOVA Chemicals Corporation's Joffre petrochemical complex to industrial
customers and storage facilities in Fort Saskatchewan and Prentiss,
Alberta. The Joffre Feedstock Pipeline, which is currently under
construction, will transport natural gas liquids from Fort Saskatchewan
to the NOVA Chemicals Corporation's Joffre petrochemical complex.

Taylor NGL Limited Partnership (www.taylorngl.com) units trade on the
Toronto Stock Exchange under the symbol TAY.UN.

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