Energy Transfer Equity Announces Launch of New Senior Secured Term Loan Credit Facility

  Energy Transfer Equity Announces Launch of New Senior Secured Term Loan
  Credit Facility

Business Wire

DALLAS -- November 4, 2013

Energy Transfer Equity, L.P. (NYSE: ETE) today announced that it has launched
the syndication of a new senior secured term loan credit facility. ETE intends
to use the net proceeds from the new term loan facility to refinance its
existing $900 million senior secured term loan credit facility and for general
partnership purposes, including possibly funding some or all of its previously
announced tender offer for up to $400 million of its 7.50% Senior Notes due
2020. The closing of the new term loan credit facility is anticipated to occur
in the first week of December 2013.

In conjunction with the new term loan facility and tender offer, the
Partnership is also finalizing a new five-year revolving credit facility for
up to $600 million. There can be no assurance that the Partnership will
successfully refinance its existing term loan credit facility or raise
adequate funds for the tender from any intended new issuance of senior secured
notes or any term loan financing.

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), approximately 49.6 million ETP
common units, and approximately 50.2 million ETP Class H Units, which track
50% of the underlying economics of the general partner interest and the IDRs
of Sunoco Logistics Partners L.P. (NYSE: SXL). ETE also owns the general
partner and 100% of the IDRs of Regency Energy Partners LP (NYSE: RGP) and
approximately 26.3 million RGP common units. The Energy Transfer family of
companies owns more than 56,000 miles of natural gas, natural gas liquids,
refined products, and crude oil pipelines.

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 owns and operates
approximately 43,000 miles of natural gas, natural gas liquids, refined
products, and crude oil pipelines. ETP owns 100% of ETP Holdco Corporation,
which owns Southern Union Company and Sunoco, Inc., and a 70% interest in Lone
Star NGL LLC, a joint venture that owns and operates natural gas liquids
storage, fractionation and transportation assets. ETP also owns the general
partner, 100% of the incentive distribution rights, and approximately 33.5
million common units 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’s
general partner is owned by ETE.

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).

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 Partnership’s Annual Reports on
Form 10-K and other documents filed from time to time with the Securities and
Exchange Commission. The Partnership undertakes no obligation to update or
revise any forward-looking statement to reflect new information or events.

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

Contact:

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