News Release
Oct. 13, 2000


HOUSTON – TEPPCO Partners, L.P. (NYSE:TPP) today announced that it will increase its quarterly distribution to $0.525 per unit from $0.50 per unit. The distribution is payable Nov. 3, 2000, to unitholders of record on Oct. 31, 2000. The distribution covers the period from July 1, 2000 through Sept. 30, 2000. The increase raises TEPPCO’s distribution to $2.10 per unit on an annualized basis and is the ninth quarterly increase in the distribution since 1994.

"The benefit provided by the acquisition of the assets of ARCO Pipe Line Company in July, the continued growth of TEPPCO’s business and the outlook for additional growth in earnings and cash flow make the increase in the distribution appropriate," said William L. Thacker, chairman, president and chief executive officer of the general partner of TEPPCO.

TEPPCO Partners, L.P. is a publicly traded master limited partnership, which conducts business through various subsidiary operating companies. TEPPCO owns and operates one of the largest common carrier pipelines of refined petroleum products and liquefied petroleum gases in the United States; is engaged in crude oil gathering, transportation, storage and marketing; and owns a 50 percent interest in Seaway Crude Pipeline Company and an undivided ownership interest in the Rancho and Basin Pipelines. Texas Eastern Products Pipeline Company, LLC, an indirect wholly owned subsidiary of Duke Energy Field Services, is the general partner of TEPPCO Partners, L.P. For more information, access TEPPCO’s website at

Contact: Brenda J. Peters
Phone: 713/759-3954
24 Hour Phone: 704/382-8333
Contact: Kathleen A. Sauvé
Phone: 713/759-3635
24 Hour Phone: 704/382-8333