Tesoro Logistics LP : Tesoro Logistics LP Announces Quarterly Distribution

  Tesoro Logistics LP : Tesoro Logistics LP Announces Quarterly Distribution

SAN ANTONIO - January 23, 2013 - Tesoro Logistics LP (NYSE:TLLP) today
announced the declaration of its quarterly cash distribution for the fourth
quarter 2012 of $0.4725 per limited partnership unit, or $1.89 on an
annualized basis. This distribution represents a 4% increase over the
quarterly distribution of $0.4550 per unit ($1.82 per unit on an annualized
basis) paid in November 2012. Since the fourth quarter of 2011, TLLP has
increased its distribution to limited partners by 30%. The fourth quarter
distribution will be paid February 14, 2013 to all unitholders of record on
February 4, 2013.

About Tesoro Logistics LP
Tesoro Logistics LP, headquartered in San Antonio, Texas, is a fee-based,
growth-oriented Delaware limited partnership formed by Tesoro Corporation to
own, operate, develop and acquire crude oil and refined products logistics
assets.

Please visit us at: www.tesorologistics.com

This release contains certain statements that are "forward-looking" statements
within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, concerning the timing of our cash
distribution. For more information concerning factors that could affect these
statements see our annual report on Form 10-K and quarterly reports on Form
10-Q, filed with the Securities and Exchange Commission. We undertake no
obligation to publicly release the result of any revisions to any such
forward-looking statements that may be made to reflect events or circumstances
that occur, or which we become aware of, after the date hereof.

This release serves as qualified notice to nominees as provided for under
Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100
percent of Tesoro Logistics LP's distributions to foreign investors are
attributable to income that is effectively connected with a United States
trade or business. Accordingly, all of Tesoro Logistics LP's distributions to
foreign investors are subject to federal income tax withholding at the highest
effective tax rate for individuals or corporations, as applicable. Nominees,
and not Tesoro Logistics LP, are treated as withholding agents responsible for
withholding distributions received by them on behalf of foreign investors.

Contact:
Investors:
Louie Rubiola, Director, Investor Relations, (210) 626-4355

Media:
Tesoro Media Relations, media@tsocorp.com, (210) 626-7702

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Source: Tesoro Logistics LP via Thomson Reuters ONE
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