Gibson Energy Inc. - 2012-05-25

Replaced US$645 million Term Loan B with US$650 million Tranche B Term Loan and has been repriced to reflect a decrease in the interest rate from LIBOR plus 4.5% to LIBOR plus 3.75% and a decrease in the LIBOR Floor from 1.25% to 1%. Also, Gibson's existing U.S.$275 million revolving credit facility has been expanded by U.S.$100 million to U.S.$375 million.