Atlas Energy Resources, LLC Announces Record Distribution of $0.61 Per Common Unit...

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Tue Jul 22, 2008 3:05pm EDT

Atlas Energy Resources, LLC Announces Record Distribution of $0.61 Per Common Unit for the Second Quarter 2008

PITTSBURGH, Pa.--(Business Wire)--
Atlas Energy Resources, LLC (NYSE:ATN) reported today that it has
declared its record quarterly cash distribution for the second quarter
2008 of $0.61 per common unit. This $0.61 per common unit distribution
represents a $0.02 increase, or 3.4% increase, over the first quarter
2008 distribution of $0.59 per common unit, as well as a 42% increase
from the second quarter 2007 distribution of $0.43 per common unit.
The distribution is payable Thursday, August 14, 2008 to holders of
record as of Wednesday, August 6, 2008.

   Atlas Energy Resources, LLC develops and produces domestic natural
gas and to a lesser extent, oil. Atlas Energy is one of the largest
independent energy producers in the Appalachian Basin and northern
Michigan. Atlas Energy sponsors and manages tax-advantaged investment
partnerships, in which we co-invest, to finance the exploration and
development of our acreage in the Appalachian Basin. We are active
principally in Pennsylvania, Michigan and Tennessee. For more
information, visit Atlas Energy's website at
www.atlasenergyresources.com or contact investor relations at
bbegley@atlasamerica.com.

   Atlas America, Inc. (NASDAQ:ATLS) owns 1.1 million limited partner
units of Atlas Pipeline Partners, L.P., and an approximate 64% limited
partner interest in Atlas Pipeline Holdings, L.P., which holds the
general partner interest and 5.75 million limited partner units of
Atlas Pipeline Partners, L.P. Atlas America, Inc. also owns an
approximate 48% common unit interest and all of the Class A and
management incentive interests in Atlas Energy Resources, LLC (NYSE:
ATN). For more information, please visit our website at
www.atlasamerica.com, or contact Investor Relations at
bbegley@atlasamerica.com.

Atlas Energy Resources, LLC
Brian Begley
Investor Relations
215-546-5005
215-553-8455 (facsimile)

Copyright Business Wire 2008
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