Access Midstream Partners, L.P. Increases Distribution to $0.45 Per Unit for
the 2012 Fourth Quarter
OKLAHOMA CITY -- January 25, 2013
Access Midstream Partners, L.P. (NYSE:ACMP), today announced that the Board of
Directors of its general partner declared a cash distribution of $0.45 per
Common, Subordinated and Class C Unit for the 2012 fourth quarter. The fourth
quarter cash distribution represents an increase of $0.06, or 15.4%, compared
to the 2011 fourth quarter and represents an increase of $0.015, or 3.4%,
compared to the 2012 third quarter.
In addition, the Board of Directors of our general partner declared a
distribution equal to $0.45 per unit on the Partnership’s Class B Units, which
were recently issued to the owners of the Partnership’s general partner. The
distribution to the Class B unitholders will be paid in the form of additional
Class B units.
The distributions will be payable on February 13, 2013 to all unitholders of
record at the close of business on February 6, 2013, together with the
distribution to the general partner.
This release is intended to be a qualified notice under Treasury Regulation
Section 1.1446-4(b). Please note that 100% of the Partnership’s distributions
to foreign investors are attributable to income that is effectively connected
with a United States trade or business. Accordingly, the Partnership’s
distributions to foreign investors are subject to federal income tax
withholding at the highest applicable effective tax rate.
Access Midstream Partners, L.P. (NYSE:ACMP) is the industry’s largest
gathering and processing master limited partnership as measured by throughput
volume and invested capital. The Partnership owns, operates, develops and
acquires natural gas gathering and processing systems and other midstream
energy assets. Headquartered in Oklahoma City, the Partnership's operations
are focused on the Barnett, Eagle Ford, Haynesville, Marcellus, Niobrara and
Utica Shales and Mid-Continent region of the U.S. The Partnership’s common
units are listed on the New York Stock Exchange under the symbol ACMP. Further
information is available at www.accessmidstream.com where the Partnership
routinely posts announcements, updates, events, investor information and
presentations and all recent press releases.
This press release includes forward-looking statements. Forward-looking
statements give our current expectations or forecasts of future events. They
include but are not limited to our business strategy and plans and objectives
for future operations. We caution you not to place undue reliance on our
forward-looking statements, which speak only as of the date of this release,
and we undertake no obligations to update this information. Although we
believe the expectations and forecasts reflected in these and other
forward-looking statements are reasonable, we can give no assurance they will
prove to be correct. They can be affected by inaccurate assumptions or by
known or unknown risks and uncertainties. Factors that could cause actual
results to differ materially from expected results are described under “Risk
Factors” in our 2011 Annual Report on Form 10-K and our other SEC filings.
Access Midstream Partners
Dave Shiels, CFO, 405-935-6224
Debbie Nauser, 405-935-1739
Tom Johnson, 212-371-5999
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