Penn Virginia GP Holdings, L.P. Declares Initial Quarterly Distribution; Increases Annualized Distribution.

RADNOR, Pa. -- The Board of Directors of PVG GP, LLC, the general partner of Penn Virginia GP Holdings, L.P. (NYSE:PVG), today declared a pro rata quarterly distribution of $0.07 or $0.96 per unit on an annualized basis. This annualized distribution represents a $0.02 per unit increase over the $0.94 per unit annualized distribution initially contemplated in connection with the initial public offering of Penn Virginia GP Holdings, L.P. The pro rata quarterly distribution covers the period December 5 through December 31, 2006, and is payable on February 14, 2007 to unitholders of record on February 5, 2007.

Headquartered in Radnor, PA, Penn Virginia GP Holdings, L.P. (NYSE:PVG) is the owner of the general partner and the largest unit holder of Penn Virginia Resource Partners, L.P. (NYSE:PVR), a manger of coal properties and related assets and the operator of a midstream natural gas gathering and processing business.

Headquartered in Radnor, PA, Penn Virginia Resource Partners, L.P. (NYSE:PVR) is a master limited partnership formed by Penn Virginia Corporation (NYSE:PVA). The Partnership manages coal properties and related assets and operates a midstream natural gas gathering and processing business.

For more information about PVG and PVR, visit PVR's website at www.pvresource.com