Taylor NGL Limited Partnership

Taylor NGL Limited Partnership

October 27, 2006 14:12 ET

Taylor NGL Limited Partnership Announces November Distribution and Release Date for Third Quarter Results

CALGARY, ALBERTA--(CCNMatthews - Oct. 27, 2006) - 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 November 15th to unitholders of record on November 10th, 2006.

Taylor will release third quarter 2006 results after the market close on Wednesday, November 1, 2006. A conference call to discuss these results will be held on Thursday, November 2, 2006 at 8:30 a.m. MT / 10:30 a.m. ET. To participate in the conference call, please dial 416-695-9712 in the Toronto area and 1-800-772-8997 from all other areas of Canada. A recording of the call will be available for replay until November 9, 2006 by dialing 416-695-5275 or 1-888-509-0081 (passcode 634129) or by following the links on Taylor's website, www.taylorngl.com.

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 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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