Under the terms of the amendment to the IDRs, the General Partner’s incentive distribution
levels will be reset to two per cent down from the current 50 per cent. Levels will then increase to
15 per cent and be capped at 25 per cent when quarterly distributions increase to $0.81 and $0.88
per common unit or $3.24 and $3.52 per common unit on an annualized basis, respectively. The
amendment is conditioned on the expiration of a regulatory waiting period for the transfer of
ownership of North Baja to the Partnership. The current quarterly distribution is $0.705 per
common unit or $2.82 on an annualized basis.