Enterprise Completes Acquisition of Midstream Energy Assets in Louisiana.

Business/Energy Editors

HOUSTON--(BUSINESS WIRE)--Sept. 25, 2002

Enterprise Products Partners L.P. (NYSE:EPD) announced that an affiliate of its operating partnership has completed the acquisition of 100% of the Toca-Western natural gas processing plant and natural gas liquids ("NGL") fractionator from Western Gas Resources Inc. (NYSE:WGR). The purchase price was approximately $32.5 million in cash and had an effective date of June 1, 2002.

The facilities are located in St. Bernard Parish, La., near Enterprise's existing Toca natural gas processing plant. These plants provide midstream energy services to producers of natural gas from the continental shelf and deepwaters of the Gulf of Mexico. Included in the purchase are a natural gas processing plant with a capacity of 160 million cubic feet per day and a fractionator that can separate 14,200 barrels per day of mixed natural gas liquids into propane, normal butane, isobutane and natural gasoline. The complex processes gas that is delivered by Southern Natural Gas Pipeline. The purchase also includes storage and truck, rail and barge loading facilities which support the complex.

"It is my pleasure to announce the completion of our acquisition of the Toca-Western facilities," said O.S. "Dub" Andras, president and chief executive officer of Enterprise. "We believe this addition will provide value for natural gas and NGL producing customers in the central Gulf of Mexico who utilize this facility by providing them with access to our integrated network of midstream energy assets which serves the largest consumers of NGLs on the U.S. Gulf Coast."

Enterprise Products Partners L.P. is the second-largest publicly traded midstream energy partnership, with an enterprise value in excess of $6 billion. Enterprise is a leading North American 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 fractionation (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.