ONEOK Partners Increases Quarterly Distribution

A 28 Percent Increase Since April 2006

TULSA, Okla., Jan. 15 /PRNewswire-FirstCall/ -- The board of directors of
the general partner of ONEOK Partners, L.P. (NYSE: OKS) today announced that
is has increased its quarterly cash distribution to $1.025 per unit from $1.01
per unit, effective for the fourth quarter 2007, resulting in an annualized
cash distribution of $4.10. The distribution is payable Feb. 14, 2008,
to unitholders of record as of Jan. 31, 2008.
"We have now raised the distribution for eight consecutive quarters,
reflecting consistently strong performance and growth at the partnership,"
said John W. Gibson, chairman, president and chief executive officer of ONEOK
Partners.
"Our $1.6 billion in internally generated growth projects will continue to
provide us with additional opportunities to grow our distributable cash flow,
creating value for our unitholders," Gibson added.
ONEOK Partners has increased its distribution 28 percent since April 2006.
ONEOK Partners, L.P. (NYSE: OKS) is one of the largest publicly traded
limited partnerships, and is a leader in the gathering, processing, storage
and transportation of natural gas in the U.S. and owns one of the nation's
premier natural gas liquids (NGL) systems, connecting much of the natural gas
and NGL supply in the Mid-Continent with key market centers. Our general
partner is a wholly owned subsidiary of ONEOK, Inc. (NYSE: OKE), a diversified
energy company, which owns 45.7 percent of the overall partnership interest.
ONEOK is one of the largest natural gas distributors in the United States, and
its energy services operation focuses primarily on marketing natural gas and
related services throughout the U.S. For more information, visit the Web sites
at http://www.oneokpartners.com or http://www.oneok.com.
Some of the statements contained and incorporated in this news release are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The forward-looking statements relate to
financial adjustments in connection with the accelerated share repurchase
program and other matters. The Private Securities Litigation Reform Act of
1995 provides a safe harbor for forward-looking statements in certain
circumstances.
OKS-FD
Analyst Contact: Christy Williamson
918-588-7163
Media Contact: Tom Droege
918-588-7561

SOURCE ONEOK Partners, L.P.

Analyst, Christy Williamson, +1-918-588-7163, or Media, Tom Droege,
+1-918-588-7561, both of ONEOK Partners, L.P.