Enterprise Increases Cash Distribution Rate

HOUSTON--(Business Wire)--Enterprise Products Partners L.P. (NYSE:EPD) today announced that
the board of directors of its general partner declared an increase in
its quarterly cash distribution rate to partners to $0.50 per common
unit, or $2.00 per unit on an annualized basis. The quarterly
distribution will be paid on February 7, 2008, to unitholders of
record at the close of business January 31, 2008. This distribution
represents a 7 percent increase compared to the $0.4675 per unit
quarterly distribution declared for the fourth quarter of 2006.

Enterprise has now increased its cash distribution rate 14
consecutive quarters, and 23 times since its initial public offering
in 1998, representing a 122 percent increase.

Enterprise will announce its earnings for the fourth quarter and
year 2007 on Monday, January 28, 2008, before the New York Stock
Exchange opens for trading. Following the announcement, the company
will host a conference call at 9 a.m. CST with analysts and investors
to discuss fourth quarter and 2007 earnings. The call will be
broadcast live on the Internet and may be accessed at the company's
website, www.epplp.com.

To listen to the webcast, participants should access the "Investor
Resources" section of the company's website at least fifteen minutes
prior to the start of the conference call to download and install any
necessary audio software. A replay of the webcast will be available
for one week following the conference call and can be accessed one
hour after the completion of the call.

Enterprise Products Partners L.P. is one of the largest publicly
traded partnerships with an enterprise value of more than $21 billion,
and is a leading North American provider of midstream energy services
to producers and consumers of natural gas, NGLs, crude oil and
petrochemicals. Enterprise transports natural gas, NGLs, crude oil and
petrochemicals through more than 35,000 miles of onshore and offshore
pipelines. Services include natural gas transportation, gathering,
processing and storage; NGL fractionation (or separation),
transportation, storage, and import and export terminaling; crude oil
transportation and offshore production platform services. Enterprise
Products Partners L.P. is managed by its general partner, Enterprise
Products GP LLC, which is wholly owned by Enterprise GP Holdings L.P.
(NYSE:EPE). For more information on Enterprise GP Holdings L.P., visit
www.enterprisegp.com.

Enterprise Products Partners L.P., Houston
Investor Relations
Randy Burkhalter, 713-381-6812 or 866-230-0745
or
Media Relations
Rick Rainey, 713-381-3635

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