QEP Midstream Partners, LP Announces Quarterly Distribution

         QEP Midstream Partners, LP Announces Quarterly Distribution

PR Newswire

DENVER, April 22, 2014

DENVER, April 22, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM)
("QEPM" or the "Partnership") today announced that the Board of Directors of
the General Partner of the Partnership declared a cash distribution of $0.27
per unit for the first quarter of 2014. The quarterly distribution will be
paid on May 15, 2014, to unitholders of record as of the close of business on
May 5, 2014.

QEP Midstream Partners, LP logo

About QEP Midstream Partners, LP

QEP Midstream Partners, LP is a master limited partnership formed by QEP
Resources, Inc (NYSE: QEP) to own, operate, acquire and develop midstream
assets. The Partnership provides midstream gathering services to QEP and
third-party companies in the Green River, Uinta and Williston basins. Further
information about the Partnership is available at www.qepm.com.


This press release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b) and (d). Nominees should treat one hundred
percent (100.0%) of QEPM's distributions to non-U.S. investors as being
attributable to income that is effectively connected with a United States
trade or business. Accordingly, QEPM's distributions to non-U.S. investors are
subject to federal income tax withholding at the highest applicable effective
tax rate.

Safe Harbor Statement regarding Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section
27(a) of the Securities Act of 1933, as amended, and Section 21(e) of the
Securities Exchange Act of 1934, as amended. Forward-looking statements can
be identified by words such as "anticipates," "believes," "forecasts,"
"plans," "estimates," "expects," "should," "will" or other similar
expressions. Such statements are based on management's current expectations,
estimates and projections, which are subject to a wide range of uncertainties
and business risks. These forward-looking statements include statements
regarding the Partnership's payment of its quarterly distribution. Actual
results may differ materially from those included in the forward-looking
statements due to a number of factors, including weather conditions, global
geopolitical and macroeconomic factors, the U.S. federal budget and debt
ceiling crisis, acts of terrorism, and the other risks discussed in the
Partnership's filings with the Securities and Exchange Commission, including
the Risk Factors section of the Partnership's Annual Report on Form 10-K for
the year ended December 31, 2013. The Partnership undertakes no obligation to
publicly correct or update the forward-looking statements in this news
release, in other documents, or on the website to reflect future events or
circumstances. All such statements are expressly qualified by this cautionary


Greg Bensen
Director, Investor Relations

Logo - http://photos.prnewswire.com/prnh/20130904/LA74347LOGO

SOURCE QEP Midstream Partners, LP

Website: http://www.qepm.com
Press spacebar to pause and continue. Press esc to stop.