Enterprise Announces NGL Expansion Projects.

HOUSTON -- Enterprise Products Partners L.P. (NYSE:EPD) today announced a project to expand its natural gas liquids ("NGL") fractionator at the partnership's Mont Belvieu complex to facilitate the increased production of NGLs in the Rocky Mountain area. Enterprise's Mont Belvieu fractionator currently has the capacity to fractionate up to 210,000 barrels per day of NGLs from eight supply connections. The partnership has started construction to increase total fractionation capacity by 15,000 barrels per day and reduce the energy costs of the existing facility. This project is expected to be complete in the fourth quarter of 2005.

Additionally, the partnership has completed initial engineering and design work on a new NGL fractionator that would add an additional 60,000 barrels per day of fractionation capacity at Mont Belvieu. This project would facilitate increased volumes available at Mont Belvieu as a part of the partnership's plan to expand transportation capacity on the Rocky Mountain segment of the partnership's Mid-America pipeline system.

The Rocky Mountain segment of the Mid-America Pipeline System transports up to 225,000 barrels per day of NGLs from the major producing basins in Wyoming, Utah, Colorado and New Mexico to the Hobbs station on the New Mexico-Texas border. The western expansion project would increase the capacity of this pipeline to 275,000 barrels per day. Permitting, engineering and design work are in progress. The partnership expects to submit its environmental assessment and plan of development to the appropriate regulatory agencies during the first quarter of 2005. Construction could begin as early as the fourth quarter of 2005 after permits and regulatory approvals are received. As a result of the sequenced nature of the construction of pipeline looping and horsepower additions, incremental capacity on the pipeline can be placed into service throughout the construction period.

"One of the primary sources of new natural gas and associated NGL production to supply the increasing U.S. demand is expected to come from the prolific Rocky Mountain producing basin," stated O.S. "Dub" Andras, Enterprise's vice chairman and chief executive officer. "This region has been and is expected to continue to be one of the nation's most active areas in terms of exploration and development. As a result of this strong drilling activity and increased NGL production, the Rocky Mountain segment of our Mid-America pipeline is running near full capacity and NGLs that are either dedicated to our partnership or our NGL fractionator at Mont Belvieu continue to exceed this facility's fractionation capacity. These projects will enhance our midstream energy value chain as the incremental volumes will be stored and distributed utilizing our existing facilities."

Enterprise Products Partners L.P. is one of the largest publicly traded energy partnerships with an enterprise value of approximately $14 billion, and is a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs and crude oil. Enterprise transports natural gas, NGLs and crude oil through 31,000 miles of onshore and offshore pipelines and is an industry leader in the development of midstream infrastructure in the Deepwater Trend of the Gulf of Mexico. 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. For more information, visit Enterprise on the Web at www.epplp.com.

This press release contains various forward-looking statements and information that are based on Enterprise's beliefs and those of its general partner, as well as assumptions made by and information currently available to Enterprise. When used in this press release, words such as "anticipate," "project," "expect," "plan," "goal," "forecast," "intend," "could," "believe," "may," and similar expressions and statements regarding the plans and objectives of Enterprise for future operations, are intended to identify forward-looking statements. Although Enterprise and its general partner believe that such expectations reflected in such forward-looking statements are reasonable, neither Enterprise nor its general partner can give assurances that such expectations will prove to be correct. Such statements are subject to a variety of risks, uncertainties and assumptions. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, Enterprise's actual results may vary materially from those Enterprise anticipated, estimated, projected or expected. Among the key risk factors that may have a direct bearing on Enterprise's results of operations and financial condition are:

--fluctuations in oil, natural gas and NGL prices and production due to weather and other natural and economic forces;

--the effects of the combined company's debt level on its future financial and operating flexibility;

--a reduction in demand for its products by the petrochemical, refining or heating industries;

--a decline in the volumes of NGLs delivered by its facilities;

--the failure of its credit risk management efforts to adequately protect it against customer non-payment;

--terrorist attacks aimed at its facilities;

--the failure to successfully integrate our operations with GulfTerra's or any other companies we acquire; and

--the failure to realize the anticipated cost savings, synergies and other benefits of the merger with GulfTerra.

Enterprise has no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.