Second Update on Fort McMurray Wildfire

CALGARY, May 5, 2016 – Pembina Pipeline Corporation ("Pembina" or the "Company") once again, would like to state that the Company's first focus is to the safety of its employees and contractors. Pembina's employees and contractors are safe and accounted for, and have safe places to stay for the next several days.

At this time, Pembina's Algar to Cheecham Lateral remains fully operational but is not delivering due to the shutdown of downstream facilities.

All other Pembina facilities in the Fort McMurray area remain fully operational. Pembina will continue to monitor and assess the safety of the continued operation of our facilities and react accordingly.

Pembina's employees and contractors are strongly encouraged to follow the instructions of local authorities and to remember to keep safety first.

To assist the evacuees of the Fort McMurray wildfire, Pembina has donated $50,000 to the Red Cross. Pembina will also match employee contributions to the Red Cross through its employee PATH Program.

Pembina's thoughts are with those affected by these evacuations and the Company encourages everyone to follow the directions of the emergency management officials and above all, stay safe.

About Pembina

Calgary-based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America's energy industry for over 60 years. Pembina owns and operates an integrated system of pipelines that transport various products derived from natural gas and hydrocarbon liquids produced in western Canada and North Dakota. The Company also owns and operates gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. Pembina’s integrated assets and commercial operations along the entire hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina is committed to working with its community and aboriginal neighbours, while providing value for investors in a safe, environmentally responsible manner. This balanced approach to operating ensures the trust Pembina builds among all its stakeholders is sustainable over the long-term. Pembina’s common shares trade on the Toronto and New York stock exchanges under PPL and PBA respectively. For more information, visit www.pembina.com.