HOUSTON, Jan 12, 2010 (BUSINESS WIRE) -- Enterprise GP Holdings L.P., (NYSE: EPE) today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.53 per unit, or $2.12 per unit on an annualized basis. The cash distribution will be paid on Friday, February 5, 2010, to unitholders of record as of the close of business on Friday, January 29, 2010. This distribution represents a 12.8 percent increase from the $0.47 per unit distribution declared with respect to the fourth quarter of 2008.
Enterprise GP Holdings will announce its earnings for the fourth quarter of 2009 on March 1, 2010.
Enterprise GP Holdings is one of the largest publicly traded GP partnerships. It owns the general partner of Enterprise Products Partners L.P., as well as limited partner interests in the same entity. It also owns non-controlling general partner and limited partner interests in Energy Transfer Equity, L.P. For more information on Enterprise GP Holdings L.P., visit www.enterprisegp.com.
SOURCE: Enterprise GP Holdings L.P.
Enterprise GP Holdings L.P. Investor Relations Randy Burkhalter, 713-381-6812 or Media Relations Rick Rainey, 713-381-3635