Genesis Energy, L.P. Completes Public Offering of Common Units

  Genesis Energy, L.P. Completes Public Offering of Common Units

Business Wire

HOUSTON -- September 16, 2013

Genesis Energy, L.P. (NYSE: GEL) announced today that it has completed its
previously announced underwritten public offering of common units. Including
the overallotment option, which was exercised in full by the underwriters, the
Partnership sold a total of 5,750,000 common units at $47.51 per common unit.

Total net proceeds from the offering, after deducting underwriting discounts
and commissions and estimated offering expenses, were approximately $263
million. The Partnership intends to use the net proceeds from the offering for
general partnership purposes, including the repayment of outstanding
borrowings under its revolving credit facility.

Wells Fargo Securities, BofA Merrill Lynch, Citigroup, Deutsche Bank
Securities, RBC Capital Markets and BMO Capital Markets acted as joint
book-running managers for the common units offering. Baird, Raymond James and
Janney Montgomery Scott acted as co-managers.

Copies of the final prospectus supplement and accompanying base prospectus
relating to this offering may be obtained from:

Wells Fargo Securities
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, NY 10152
Telephone: (800) 326-5897
Email: cmclientsupport@wellsfargo.com

BofA Merrill Lynch
Attn: Prospectus Department
222 Broadway
New York, NY 10038
Email: dg.prospectus_requests@baml.com

Citigroup
c/o Broadridge Financial Solutions
1155 Long Island Ave.
Edgewood, NY 11717
Telephone: (800) 831-9146
Email: BATProspectusdept@citi.com

Deutsche Bank Securities
Attn: Prospectus Group
60 Wall Street
New York, NY 10005
Telephone: (800) 503-4611
Email: prospectus.cpdg@db.com

RBC Capital Markets
Attn: Equity Syndicate
Three World Financial Center
200 Vesey Street, 8th Floor
New York, NY 10281
Telephone: (877) 822-4089

BMO Capital Markets
Attn: Equity Syndicate Department
3 Times Square
New York, NY 10036
Telephone: (800) 414-3627
Email: bmoprospectus@bmo.com

This press release does not constitute an offer to sell or a solicitation of
an offer to buy any securities 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 offer is being made only through the
prospectus supplement and accompanying base prospectus, which is part of our
effective shelf registration statement.

Genesis Energy, L.P. is a diversified midstream energy master limited
partnership headquartered in Houston, Texas. Genesis’ operations include
pipeline transportation, refinery services and supply and logistics. The
Pipeline Transportation Division is engaged in the pipeline transportation of
crude oil and carbon dioxide. The Refinery Services Division primarily
processes sour gas streams to remove sulfur at refining operations. The Supply
and Logistics Division is engaged in the transportation, storage and supply
and marketing of energy products, including crude oil, refined products and
certain industrial gases. Genesis’ operations are primarily located in Texas,
Louisiana, Arkansas, Mississippi, Alabama, Florida and the Gulf of Mexico.

This press release includes forward-looking statements as defined under
federal law. Although we believe that our expectations are based upon
reasonable assumptions, we can give no assurance that our goals will be
achieved. Actual results may vary materially. We undertake no obligation to
publicly update or revise any forward-looking statement.

Contact:

Genesis Energy, L.P.
Bob Deere, 713-860-2516
Chief Financial Officer
 
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