PPL.PR.A Pembina Pipeline Corporation

TORONTO, ONTARIO and the Class A share dividend being set at an annualized rate of 7.75% (Prime Rate plus 2.0%).

Prime Rate Plus Corp. invests in a portfolio of six publicly traded Canadian Banks as follows:

Bank of Montreal        National Bank of Canada     Bank of Nova Scotia

Canadian Imperial       Royal Bank of Canada        Toronto-Dominion Bank
 Bank of Commerce

Shares held within the Portfolio are expected to range between 5-20% in weight but may vary from time to time.

The fund's investment objectives are:

Floating Rate Preferred Shares:

(i) to provide holders of the Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate in Canada plus 0.75% (minimum 5%, maximum 7%) based on original issue price of $10.00 per share

(ii) on or about December 1, 2012 (termination date), to pay the holders of the Preferred Shares the original issue price of those shares.

Floating Rate Class A Shares:

(i) to provide holders of the Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate in Canada plus 2.0% (minimum 5%, maximum 10%) based on original issue price of $15.00 per share

(ii) on or about December 1, 2012 (termination date), to pay the holders of Class A Shares at least the original issue price of those shares.

Contacts: Prime Rate Plus Corp. Investor Relations (416) 304-4443 or 1-877-478-2372 Email: info@quadravest.com Website: www.primerateplus.com

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