SELECTED QUARTERLY FINANCIAL INFORMATION1 (millions of dollars, except per unit amounts) 2006 2005   Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Transportation Revenue 68.2 60.8 63.5 61.9 63.7 63.3 61.7 60.3 Earnings 3.2 5.8 21.0 5.3 2.5 5.0 3.7 4.0 Earnings Per Unit (basic and diluted) 0.09 0.17 0.61 0.15 0.07 0.15 0.10 0.12 Cash Distributions Declared2 17.2 16.7 16.7 16.7 16.5 16.6 16.5 16.5 1 Selected Quarterly Financial Information has been extracted from financial statements prepared in accordance with Canadian Generally Accepted Accounting Principles in Canadian dollars unless otherwise noted. 2 Cash distributions declared on ordinary, subordinated and ECT preferred units Significant items that have impacted quarterly financial information are as follows: Second quarter earnings in 2006 reflect future income tax recoveries of $16.7 million due to the substantive enactment of reductions in future tax rates during the quarter. Quarterly revenue and earnings in 2005 and 2006 have increased relative to prior quarters due to the collection of an income tax allowance in the tolls of Alliance Canada. Increases in distributions of 1% and 4.5% on the Fund’s ordinary and subordinated units and the ECT preferred units were approved by the Board of Trustees effective with the distributions payable to holders of record on January 31, 2006, and November 30, 2006, respectively.