Energy Transfer Partners Announces Cash Distribution for Fourth Quarter of 2012

  Energy Transfer Partners Announces Cash Distribution for Fourth Quarter of
  2012

            Energy Transfer Equity Declares Distribution Increase

Business Wire

DALLAS -- January 28, 2013

Energy Transfer Partners, L.P. (NYSE:ETP) and Energy Transfer Equity, L.P.
(NYSE:ETE)  today announced that the Board of Directors of each Partnership
has approved quarterly distributions for the quarter ended December 31, 2012.

ETP’s Board of Directors has approved a quarterly distribution of $0.89375 per
unit ($3.575 annualized) on ETP common units for the quarter ended December
31, 2012. The cash distribution will be paid on February 14, 2013 to
unitholders of record as of the close of business on February 7, 2013.

ETE’s Board of Directors has approved a quarterly distribution of $0.635 per
unit ($2.54 annualized) on ETE common units for the quarter ended December 31,
2012. The quarterly distribution of $0.635 represents an increase of $0.04 per
common unit on an annualized basis. The cash distribution will be paid on
February 19, 2013 to unitholders of record as of the close of business on
February 7, 2013.

Both partnerships expect to release earnings for the quarter and year ended
December 31, 2012 on Wednesday, February 20, 2013, after the market closes.
ETP and ETE will conduct a joint conference call on Thursday, February 21,
2013 at 8:30 a.m. Central Time to discuss their quarterly and annual results.
The conference call will be broadcast live via an internet web cast, which can
be accessed through www.energytransfer.com. The call will also be available
for replay on Energy Transfer’s web site for a limited time.

Company: Energy Transfer Partners, L.P. (NYSE:ETP)
Record Date: February 7, 2013
Ex-Date: February 5, 2013
Payment Date: February 14, 2013
Amount Paid: $0.89375 per Common Unit

Company: Energy Transfer Equity, L.P. (NYSE:ETE)
Record Date: February 7, 2013
Ex-Date: February 5, 2013
Payment Date: February 19, 2013
Amount Paid: $0.635 per Common Unit

Energy Transfer Partners, L.P. (NYSE:ETP) is a master limited partnership
owning and operating one of the largest and most diversified portfolios of
energy assets in the United States. ETP currently has natural gas operations
that include approximately 24,000 miles of gathering and transportation
pipelines, treating and processing assets, and storage facilities. ETP also
owns general partner interests, 100% of the incentive distribution rights, and
a 32.4% limited partnership interest in Sunoco Logistics Partners L.P.
(NYSE:SXL), which operates a geographically diverse portfolio of crude oil and
refined products pipelines, terminalling and crude oil acquisition and
marketing assets. ETP also holds a 70% interest in Lone Star NGL, a joint
venture that owns and operates natural gas liquids storage, fractionation and
transportation assets in Texas, Louisiana and Mississippi. In addition, ETP
holds controlling interest in a corporation (ETP Holdco Corporation) that owns
Southern Union Company and Sunoco, Inc. ETP’s general partner is owned by ETE.
For more information, visit the Energy Transfer Partners, L.P. website at
www.energytransfer.com.

Energy Transfer Equity, L.P. (NYSE:ETE) is a master limited partnership, which
owns the general partner and 100% of the incentive distribution rights (IDRs)
of Energy Transfer Partners, L.P. (NYSE:ETP) and approximately 50.2 million
ETP limited partner units; and owns the general partner and 100% of the IDRs
of Regency Energy Partners LP (NYSE:RGP) and approximately 26.3 million RGP
limited partner units. ETE also owns a non-controlling interest in a
corporation (ETP Holdco Corporation) that owns Southern Union Company and
Sunoco, Inc. The ETE family of companies owns approximately 69,000 miles of
natural gas, natural gas liquids, refined products, and crude pipelines. For
more information, visit the Energy Transfer Equity, L.P. web site at
www.energytransfer.com.

Regency Energy Partners LP (NYSE:RGP) is a growth-oriented, midstream energy
partnership engaged in the gathering and processing, contract compression,
treating and transportation of natural gas and the transportation,
fractionation and storage of natural gas liquids. RGP also holds a 30%
interest in Lone Star NGL LLC, a joint venture that owns and operates natural
gas liquids storage, fractionation, and transportation assets in Texas,
Louisiana and Mississippi. Regency’s general partner is owned by Energy
Transfer Equity, L.P. (NYSE:ETE). For more information, visit the Regency
Energy Partners LP website at www.regencyenergy.com.

Sunoco Logistics Partners L.P. (NYSE:SXL), headquartered in Philadelphia, is a
master limited partnership that owns and operates a logistics business
consisting of a geographically diverse portfolio of complementary pipeline,
terminalling and crude oil acquisition and marketing assets. The Crude Oil
Pipelines segment consists of approximately 5,400 miles of crude oil
pipelines, located principally in Oklahoma and Texas. The Crude Oil
Acquisition and Marketing segment consists of acquisition and marketing of
crude oil and is principally conducted in the midcontinent and consists of
approximately 200 crude oil transport trucks and approximately 120 crude oil
truck unloading facilities. The Terminal Facilities segment consists of
approximately 42 million shell barrels of refined products and crude oil
terminal capacity (including approximately 22 million shell barrels of
capacity at the Nederland Terminal on the Gulf Coast of Texas and
approximately 5 million shell barrels of capacity at the Eagle Point terminal
on the banks of the Delaware River in New Jersey). The Refined Products
Pipelines segment consists of approximately 2,500 miles of refined products
pipelines located in the northeast, midwest and southwest United States, and
equity interests in four refined products pipelines. For more information,
visit the Sunoco Logistics Partners, L.P. web site at www.sunocologistics.com.

Forward-Looking Statements

This press release may include certain statements concerning expectations for
the future that are forward-looking statements as defined by federal law. Such
forward-looking statements are subject to a variety of known and unknown
risks, uncertainties, and other factors that are difficult to predict and many
of which are beyond management’s control. An extensive list of factors that
can affect future results are discussed in the Partnerships’ Annual Reports on
Form 10-K and other documents filed from time to time with the Securities and
Exchange Commission. The Partnerships undertake no obligation to update or
revise any forward-looking statement to reflect new information or events.

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 Energy Transfer Partners, L.P.’s and Energy Transfer Equity, L.P.’s
distributions to foreign investors are attributable to income that is
effectively connected with a United States trade or business. Accordingly, all
of Energy Transfer Partners, L.P.’s and Energy Transfer Equity, L.P.’s
distributions to foreign investors are subject to federal tax withholding at
the highest applicable effective tax rate. Nominees are treated as withholding
agents responsible for withholding distributions received by them on behalf of
foreign investors.

The information contained in this press release is available on our website at
www.energytransfer.com.

Contact:

Investor Relations:
Energy Transfer
Brent Ratliff, 214-981-0700
or
Media Relations:
Granado Communications Group
Vicki Granado, 214-599-8785
Cell: 214-498-9272
 
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