Stock Exchange and Common Unit Trading Prices

Enterprise Products Partners L.P. (“Enterprise”) common units trade on the New York Stock Exchange under the ticker symbol EPD. Enterprise had 439,354,731 common units outstanding and 2,080,600 restricted common units at December 31, 2008. For a complete description of these units, see page 69 (PDF - 8.7 MB). For a table of the high and low market prices of the common units by quarter, see page 7 (PDF - 8.7 MB). Enterprise Products Partners L.P. (“Enterprise”) common units trade on the New York Stock Exchange under the ticker symbol EPD. Enterprise had 439,354,731 common units outstanding and 2,080,600 restricted common units at December 31, 2008. For a complete description of these units, see page 69 (PDF - 8.7 MB). For a table of the high and low market prices of the common units by quarter, see page 7 (PDF - 8.7 MB).

Cash Distributions

Enterprise has paid 42 consecutive quarterly cash distributions to unitholders since its initial public offering of common units in 1998. On January 8, 2009, the partnership declared a quarterly distribution of $0.53 per unit. This distribution was paid to unitholders of record at the close of business on January 30, 2009. For a summary of the cash distributions paid, see page 73 (PDF - 8.7 MB)..

Publicly Traded Partnership Attributes

Enterprise is a publicly traded limited partnership, which operates in the following ways that are different from a publicly traded stock corporation:

  • Unitholders own limited partnership units instead of shares of common stock and receive cash distributions rather than dividends.
  • A partnership generally is not a taxable entity and does not pay federal or state income taxes. All of the annual income, gains, losses, deductions or credits flow through the partnership to the unitholders on a per-unit basis. The unitholders are required to report their allocated share of these amounts on their income tax returns whether or not any cash distributions are paid by the partnership to its unitholders.
  • Cash distributions paid by a partnership to a unitholder are generally not taxable, unless the amount of any cash distributed is in excess of the unitholder’s adjusted basis in their partnership interest.

K-1 Information

Enterprise provides each unitholder a Schedule K-1 tax package that includes each unitholder’s allocated share of reportable partnership items and other partnership information necessary to be reported on state and federal income tax returns. The K-1 provides required tax information for a unitholder’s ownership interest in the partnership, just as a Form 1099-DIV does for a stockholder’s ownership interest in a corporation.

Information concerning the partnership’s K-1s can be obtained by calling toll free 800.599.9985 or through the partnership’s website at www.epplp.com.

Additional Investor Information

Additional information about Enterprise, including our SEC annual report on Form 10-K, can be obtained by contacting Investor Relations by telephone at 866.230.0745, writing to the partnership’s mailing address provided below or accessing the partnership’s internet home page.

Registered Public Accounting Firm

Deloitte & Touche LLP

Transfer Agent Registrar and Cash Distribution Paying Agent

BNY Mellon Shareowner Services
480 Washington Blvd.
Jersey City, NJ 07310-2053
800.635.9270
www.bnymellon.com/shareowner/isd

Headquarters

Enterprise Products Partners L.P.
Enterprise Plaza
1100 Louisiana Street, 10th Floor
Houston, TX 77002-5227
www.epplp.com

Mailing Address

P.O. Box 4324
Houston, TX 77210-4324
713.381.6500