HOUSTON--(BUSINESS WIRE)--April 16, 2007--Enterprise GP Holdings L.P., (NYSE:EPE) announced today that the board of directors of its general partner declared an increase in its quarterly cash distribution rate to partners to $0.365 per common unit, or $1.46 per common unit on an annual basis. The cash distribution will be paid on May 11, 2007, to unitholders of record as of the close of business on April 30, 2007. This distribution represents a 4.3 percent increase over the $0.35 per unit quarterly distribution paid for the fourth quarter of 2006 and a 23.7 percent increase over the $0.295 per unit declared with respect to the first quarter of 2006.
Enterprise GP Holdings L.P. owns the general partner of Enterprise Products Partners L.P. (NYSE:EPD), a leading North American midstream energy company. The general partner manages the business affairs of Enterprise Products Partners L.P. which provides a wide range of services to producers and consumers of natural gas, natural gas liquids, crude oil and petrochemicals. For more information on Enterprise GP Holdings L.P., visit its website at www.enterprisegp.com
CONTACT: Enterprise GP Holdings L.P., Houston
Investor Relations
Randy Burkhalter, 713-381-6812
or
Media Relations
Rick Rainey, 713-381-3635
SOURCE: Enterprise GP Holdings L.P.