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