Enterprise CEO and CFO Certify Financial Statements.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Aug. 12, 2002 Enterprise Products Partners L.P. (NYSE NYSE See: New York Stock Exchange :EPD EPD expected progeny difference. ) announced today that the chief executive officer, O.S. "Dub" Andras, and chief financial officer, Michael A. Creel, of its general partner have signed and filed sworn statements with the U.S. Securities and Exchange Commission certifying its filings to the SEC in 2002. The certification applies to Enterprise's 2001 annual report submitted on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , the quarterly report on Form 10-Q for the first quarters of 2002 and information provided on Form 8-K. "Since our IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in 1998, we have provided our public partners and other interested parties with comprehensive disclosure of Enterprise's financial results," stated Andras. "Today's certification underscores our commitment to provide transparent and understandable financial information. "Enterprise is unique among most publicly traded companies. Our management team owns approximately 66% of Enterprise's limited partner units and, therefore, our economic interests are clearly aligned with those of our public partners. We are long-term investors who are striving to increase the value and the cash flow of our partnership over the long-term," said Andras. "Enterprise will comply with the requirements of the SEC, the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and the Sarbanes-Oxley Act," stated Andras. Copies of the certifications can be viewed at Enterprise's Web site at www.epplp.com. Enterprise Products Partners L.P. is the second-largest publicly traded midstream energy partnership, with an enterprise value of approximately $6 billion. Enterprise is a leading provider of midstream energy services to producers and consumers of natural gas and natural gas liquids ("NGLs"). The Company's services include natural gas transportation, processing and storage and NGL NGL - A dialect of IGL. fractionation fractionation /frac·tion·a·tion/ (frak?shun-a´shun) 1. in radiology, division of the total dose of radiation into small doses administered at intervals. 2. (or separation), transportation, storage and import/export terminaling. This press release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 based on the beliefs of the Company, as well as assumptions made by, and information currently available to, management. Although Enterprise believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. |
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