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Inergy Holdings, L.P. Declares Increase in Quarterly Cash Distribution
Monday, January 26, 2009 7:47 AM


Fiscal First Quarter Earnings to be Released February 4, 2009

The Board of Directors of Inergy Holdings GP, LLC, general partner of Inergy Holdings, L.P. (Nasdaq:NRGP), today announced an increase in its quarterly cash distribution to $0.675 per limited partner unit ($2.70 annually) for the quarter ended December 31, 2008. This represents an approximate 4% increase over the previously declared quarterly distribution of $0.65 per limited partner unit and an approximate 21% increase over the distribution for the same quarter of the prior year. The distribution will be paid on February 13, 2009, to unitholders of record as of February 6, 2009.

Inergy plans to release its 2009 fiscal first quarter earnings on February 4, 2009. Inergy will host a live conference call and internet webcast on February 4, 2009, at 10:00 a.m. Central Time to discuss the results of operations for the quarter ended December 31, 2008, and its business outlook. The call-in number for the earnings call is 1-877-405-3427, and the conference name is Inergy. The live internet webcast and the replay can be accessed on Inergy’s website, www.inergypropane.com. A digital recording of the call will be available for one week following the call by dialing 1-800-642-1687 and entering the pass code 82862680.

Inergy Holdings, L.P.’s assets consist of its ownership interests in Inergy, L.P., including limited partnership interests, ownership of the general partners, and the incentive distribution rights.

Inergy, L.P., with headquarters in Kansas City, Mo., is among the fastest growing master limited partnerships in the country. The company’s operations include the retail marketing, sale, and distribution of propane to residential, commercial, industrial, and agricultural customers. Today, Inergy serves approximately 700,000 retail customers from over 300 customer service centers throughout the eastern half of the United States. The company also operates a natural gas storage business and a supply logistics, transportation, and wholesale marketing business that serves independent dealers and multi-state marketers in the United States and Canada.

Corporate news, unit prices, and additional information about Inergy, including reports from the United States Securities and Exchange Commission, are available on the company’s website, www.inergypropane.com. For more information, contact Mike Campbell in Inergy’s Investor Relations Department at 816-842-8181 or via e-mail at investorrelations@inergyservices.com.

Inergy Holdings, L.P.
Mike Campbell, 816-842-8181
investorrelations@inergyservices.com

(Source: Business Wire )


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