Enterprise GP Holdings L.P. Increases Cash Distribution Rate

October 15, 2009 9:31 AM EDT

HOUSTON--(BUSINESS WIRE)-- 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 $0.515 per unit, or $2.06 per unit on an annualized basis. The cash distribution will be paid on Friday, November 6, 2009, to unitholders of record as of the close of business on Friday, October 30, 2009. This distribution represents a 13.2 percent increase from the $0.455 per unit distribution declared with respect to the third quarter of 2008.

Enterprise GP Holdings will announce its earnings for the third quarter of 2009 on November 9, 2009.

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.

    Source: Enterprise GP Holdings L.P.

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