Tax Election Information

Pursuant to a Plan of Arrangement that was approved by Unitholders on August 22, 2013, Inter Pipeline Fund was converted from a limited partnership to a Canadian corporation named Inter Pipeline Ltd. (”Inter Pipeline”) on September 1, 2013.

Upon conversion, each previously held Class A limited partnership unit (“Units”) of Inter Pipeline Fund was converted into a common share of Inter Pipeline on a one for one basis. For unitholders who do not hold their Units in a tax deferred account (ie: RRSP, TFSA, RRIF, RESP, DPSP) this exchange was taxable unless the unitholder properly completed and submitted a valid Tax Election Form to Inter Pipeline by January 15, 2014.

Inter Pipeline will not accept any new tax election forms post-marked after January 15, 2014, and any such submitted forms will not be processed or returned.