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Energy Transfer Equity Declares 5th Consecutive Quarterly Cash Distribution Increase

January 31, 2014

Energy Transfer Equity, L.P. announced that its Board of Directors has approved a quarterly distribution increase of $0.02 per ETE common unit on a pre-split basis ( $0.01 per ETE common unit on a post-split basis) for the quarter ended December 31, 2013 . In a release on January 28 , Fitch noted that ETE recently announced the completion of its two-for-one split of the Partnership's outstanding common units, resulting in ETE outstanding common units doubling to approximately 560 million units. Therefore, the increase in the quarterly distribution is $0.01 per ETE common unit on a post-split basis. ETE unitholders will be paid the quarterly distribution on the post-split basis. The ETE Board of Directors has approved an increase in its quarterly distribution to $0.6925 per unit on a pre-split basis ( $0.34625 on a post-split basis) on ETE common units for the quarter ended December 31, 2013 . This is the fifth consecutive quarter that ETE has raised its distribution. The cash distribution will be paid on February 19 , to unitholders of record as of the close of business on February 7 . ETE and its subsidiary, Energy Transfer Partners, L.P. , expect to release earnings for the quarter ended December 31, 2013 on February 19 , after the market closes. ETE and ETP will conduct a joint conference call on February 20 , at 8:30 a.m. Central Time to discuss their quarterly results. The conference call will be broadcast live via an internet web cast, which can be accessed through the Company's web site. The call will also be available for replay on Energy Transfer's web site for a limited time. Company: Energy Transfer Equity, L.P. (NYSE: ETE) Record Date: February 7 , Ex-Date: February 5 , Payment Date: February 19 , Amount Paid: $0.34625 per Common Unit Energy Transfer Partners, L.P. is a master limited partnership owning and operating a portfolio of energy assets. More information: www.energytransfer.com ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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