Energy Transfer Partners Announces Pricing of Common Unit Offering

  Energy Transfer Partners Announces Pricing of Common Unit Offering

Business Wire

DALLAS -- April 05, 2013

Energy Transfer Partners, L.P. (NYSE: ETP) today announced it has priced a
public offering of 12,000,000 common units representing limited partner
interests at $48.05 per common unit. Net proceeds from the offering will be
used by ETP to repay amounts outstanding under its revolving credit facility
and for general partnership purposes. The offering is scheduled to close on
April 10, 2013. ETP also granted the underwriter a 30-day option to purchase
up to an aggregate of 1,800,000 additional common units.

Barclays Capital Inc. is acting as the underwriter. A copy of the prospectus
supplement and prospectus relating to the offering may be obtained by
contacting Barclays c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717, toll-free: (888) 603-5847,

You may also obtain these documents for free when they are available by
visiting EDGAR on the Securities and Exchange Commission, or SEC, web site at

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy the securities described herein, nor shall there be any
sale of these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. The offering may be made
only by means of a prospectus and related prospectus supplement meeting the
requirements of Section10 of the Securities Act of 1933, as amended. The
offering will be made pursuant to an effective shelf registration statement
and prospectus filed by ETP with the SEC.

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
Energy Transfer Equity, L.P. (NYSE:ETE).

Statements about the offering may be forward-looking statements as defined
under federal law. Forward-looking statements can be identified by words such
as “anticipates,” “believes,” “expects,” “estimates,” “forecasts,” “projects,”
“should” and other similar expressions. These forward-looking statements rely
on a number of assumptions concerning future events and are subject to a
number of uncertainties and factors, many of which are outside the control of
ETP, and a variety of risks that could cause results to differ materially from
those expected by management of ETP. Important information about issues that
could cause actual results to differ materially from those expected by
management of ETP can be found in ETP’s public periodic filings with the SEC,
including its Annual Report on Form 10-K. ETP undertakes no obligation to
update or revise forward-looking statements to reflect changed assumptions,
the occurrence of unanticipated events or changes to future operating results
over time.


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