Dissipate

Instant    (CMC:3)

Counter target spell. If that spell is countered this way, exile it instead of putting it into its owner's graveyard.

"This abomination never belonged in our world. I'm merely setting it free."

53 ISD • ENTomasz Jedruszek

™ & © 1993—2011 Wizards of the Coast

Legal in: Modern,Innistrad Block,Mirage Block,Legacy,Vintage,Freeform,Prismatic,Tribal Wars Legacy,Singleton 100,Commander

Oracle Text (click to copy):

Dissipate {1}{U}{U} Instant Counter target spell. If that spell is countered this way, exile it instead of putting it into its owner's graveyard.

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View this MTG card on Gatherer

10/4/2004
The card does not go to the graveyard before being exiled.
10/4/2004
If the spell is not countered (because the spell it targets can't be countered), then it does not get exiled.

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