SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2013

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 12      SUBSEQUENT EVENTS

On April 23, 2013, the board of directors of our General Partner declared the Partnership’s first quarter 2013 cash distribution in the amount of $0.78 per common unit payable on May 15, 2013 to unitholders of record as of May 6, 2013.

Great Lakes declared its first quarter 2013 distribution of $12 million on April 18, 2013, of which the Partnership will receive its 46.45 percent share or $6 million on May 1, 2013.

Northern Border declared its first quarter 2013 distribution of $44 million on April 18, 2013, of which the Partnership will receive its 50 percent share or $22 million on May 1, 2013.

GTN declared its first quarter 2013 distribution of $33 million on April 18, 2013, of which the Partnership will receive its 25 percent share or $8 million on May 1, 2013.

Bison declared its first quarter 2013 distribution of $13 million on April 18, 2013, of which the Partnership will receive its 25 percent share or $3 million on May 1, 2013.