Enterprise GP Holdings L.P. Increases Cash Distribution Rate

Business Wire, Jan 15, 2008

HOUSTON -- Enterprise GP Holdings L.P., (NYSE:EPE) announced today that the board of directors of its general partner declared an increase in its quarterly cash distribution rate to partners to $0.41 per unit, or $1.64 per unit on an annualized basis. The cash distribution will be paid on February 8, 2008, to unitholders of record as of the close of business January 31, 2008. This distribution represents a 17 percent increase from $0.35 per unit declared with respect to the fourth quarter of 2006.

Enterprise GP Holdings has increased its quarterly cash distribution rate to partners every quarter since its initial public offering in 2005, or ten consecutive quarters for a total increase of 64 percent.

Enterprise will announce its earnings for the fourth quarter and year 2007 on Monday, February 11, 2008, before the New York Stock Exchange opens for trading. Following the announcement, the partnership will host a conference call at 9 a.m. CST with analysts and investors to discuss fourth quarter and annual earnings results. The call will be broadcast live on the Internet and may be accessed at the partnership's website, www.enterprisegp.com.

To access the webcast, participants should visit the "Investor Resources" section of the partnership's website at least fifteen minutes prior to the start of the conference call to download and install any necessary audio software. A replay of the webcast will be available for one week following the conference call and can be accessed one hour after the completion of the call.

Enterprise GP Holdings is one of the largest publicly traded GP partnerships with an enterprise value of approximately $6 billion. It owns general partner and limited partner interests in Enterprise Products Partners L.P., TEPPCO Partners, L.P. and Energy Transfer Equity, L.P. For more information on Enterprise GP Holdings L.P., visit the partnership's website.