Enterprise GP Holdings L.P., (NYSE:EPE) announced today that the board
of directors of its general partner declared an increase in the
quarterly cash distribution rate paid to partners to $0.50 per unit, or
$2.00 per unit on an annualized basis. The cash distribution will be
paid on Monday, August 10, 2009, to unitholders of record as of the
close of business on Friday, July 31, 2009. This distribution represents
a 13.6 percent increase from the $0.44 per unit distribution declared
with respect to the second quarter of 2008.
Enterprise GP Holdings will announce its earnings for the second quarter
of 2009 on August 10, 2009, before the New York Stock Exchange opens for
trading.
Enterprise GP Holdings is one of the largest publicly traded GP
partnerships. It owns the general partners of Enterprise Products
Partners L.P. (NYSE:EPD) and TEPPCO Partners, L.P. (NYSE:TPP) in
addition to limited partner interests in both entities. It also owns
non-controlling general partner and limited partner interests in Energy
Transfer Equity, L.P. For more information on Enterprise GP Holdings
L.P., visit www.enterprisegp.com.
Enterprise GP Holdings L.P.
Randy Burkhalter, Investor
Relations, 713-381-6812
Rick Rainey, Media Relations,
713-381-3635
