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Credit Ratings

 Standard & Poor'sMoody's Investor ServicesDBRS
Inter Pipeline Fund
Senior Unsecured Debt & Medium Term Notes BBB+ N/A BBB(High)
Outlook Stable N/A Stable
Inter Pipeline (Corridor) Inc.
Senior Unsecured Debt & Medium Term Notes A A2 A
Commercial Paper N/A N/A R-1(Low)
Outlook Stable Stable Stable

For more information on the specific rating scales used, please visit the individual rating agency's website: