Kinder Morgan Energy Partners Announces Exercise of Underwriters’ Option to Purchase Additional Units

  Kinder Morgan Energy Partners Announces Exercise of Underwriters’ Option to
  Purchase Additional Units

Business Wire

HOUSTON -- December 17, 2012

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced that the
underwriter of its recently completed public offering of 3,900,000 common
units has exercised in full its option to purchase an additional 585,000
common units. Barclays acted as the underwriter of the offering. The public
offering price for the additional common units is $78.60 per unit, the same
price at which the 3,900,000 common units were sold.

Both the 3,900,000 common unit offering and the additional 585,000 common unit
offering closed on Dec. 14, 2012. Total net proceeds from the sale of the
4,485,000 common units are approximately $348 million. KMP intends to use the
proceeds from this offering to repay commercial paper debt.

This communication shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of these securities in any
State in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such State.

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is a leading pipeline
transportation and energy storage company and one of the largest publicly
traded pipeline limited partnerships in America. It owns an interest in or
operates approximately 53,000 miles of pipelines and 180 terminals. The
general partner of KMP is owned by Kinder Morgan, Inc. (NYSE: KMI). Kinder
Morgan is the largest midstream and the third largest energy company in North
America with a combined enterprise value of approximately $100 billion. It
owns an interest in or operates approximately 75,000 miles of pipelines and
180 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO[2]
and other products, and its terminals store petroleum products and chemicals
and handle such products as ethanol, coal, petroleum coke and steel. KMI owns
the general partner interest of KMP and El Paso Pipeline Partners, L.P. (NYSE:
EPB), along with limited partner interests in KMP and EPB and shares in Kinder
Morgan Management, LLC (NYSE: KMR). For more information please visit

This news release includes forward-looking statements. These forward-looking
statements are subject to risks and uncertainties and are based on the beliefs
and assumptions of management, based on information currently available to
them. Although Kinder Morgan believes that these forward-looking statements
are based on reasonable assumptions, it can give no assurance that such
assumptions will materialize. Important factors that could cause actual
results to differ materially from those in the forward-looking statements
herein include those enumerated in Kinder Morgan’s reports filed with the
Securities and Exchange Commission. Forward-looking statements speak only as
of the date they were made, and except to the extent required by law, Kinder
Morgan undertakes no obligation to update or review any forward-looking
statement because of new information, future events or other factors. Because
of these uncertainties, readers should not place undue reliance on these
forward-looking statements.


Kinder Morgan Energy Partners, L.P.
Larry Pierce, (713) 369-9407
Media Relations
Mindy Mills Thornock, (713) 369-9490
Investor Relations
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