News Release
Jan. 14, 2000

TEPPCO PARTNERS, L.P. DECLARES QUARTERLY DISTRIBUTION

HOUSTON — TEPPCO Partners, L.P. (NYSE:TPP) today declared a fourth-quarter cash distribution of $0.475 per unit, payable Feb. 4, 2000, to unitholders of record on Jan. 31, 2000.

This quarterly distribution covers the period from Oct. 1 through Dec. 31, 1999.

TEPPCO Partners, L.P. is a publicly owned master limited partnership, which conducts business through two operating companies. 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. TEPPCO Crude Oil, LLC is a crude oil gathering, transportation, storage and marketing company operating primarily in Texas and Oklahoma. Texas Eastern Products Pipeline Company, which is a wholly owned subsidiary of Duke Energy, is the general partner of TEPPCO Partners, L.P.

Contact: Brenda J. Peters
Phone: 713- 759-3954
24 Hour Phone: 704-382-8333
Email: media_relations@duke-energy.com
Contact: Kathleen A. Sauvé
Phone: 713-759-3635
24 Hour Phone: 704-382-8333
Email: media_relations@duke-energy.com