News Release
Oct. 18, 1999

TEPPCO PARTNERS, L.P. DECLARES QUARTERLY DISTRIBUTION

Houston, October 18 -- TEPPCO Partners, L.P. (NYSE:TPP) today declared a third-quarter cash distribution of $O.475 per unit, payable November 5, 1999, to unitholders of record on October 29, 1999.

This quarterly distribution covers the period from July 1 through September 30, 1999.

TEPPCO Partners, L.P. is a publicly owned master limited partnership which conducts business through two operating partnerships. TE Products Pipeline Company, Limited Partnership is one of the largest common carrier pipelines of refined petroleum products and liquefied petroleum gases in the United States. TCTM, L.P. is a crude oil gathering, transportation, storage and marketing company operating primarily in Texas and Oklahoma.

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