News Release
February 26, 2004

TEPPCO PARTNERS, L.P. TO PRESENT AT 2004 MASTER LIMITED PARTNERSHIP INVESTOR CONFERENCE

HOUSTON – TEPPCO Partners, L.P. (NYSE: TPP) today announced that Barry R. Pearl, president and chief executive officer of the general partner of TEPPCO, will present at the 2004 Master Limited Partnership Investor Conference at 11:35 a.m. (ET) on Tuesday, March 2, 2004, in New York City. Pearl will discuss TEPPCO’s performance, growth strategies and financial objectives.

A copy of the slide presentation will be available on TEPPCO’s Web site under the Investor Section (www.teppco.com). The presentation will also be webcast live at http://www.wallstreetwebcasting.com/webcast/dr20/tpp/ and archived for 30 days.

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; owns and operates petrochemical and natural gas liquid pipelines; is engaged in crude oil transportation, storage, gathering and marketing; owns and operates natural gas gathering systems; and owns 50-percent interests in Seaway Crude Pipeline Company, Centennial Pipeline LLC and Mont Belvieu Storage Partners, L.P., and an undivided ownership interest in the Basin Pipeline. Texas Eastern Products Pipeline Company, LLC, an indirect wholly owned subsidiary of Duke Energy Field Services LLC, is the general partner of TEPPCO Partners, L.P.   For more information, visit TEPPCO’s Web site at www.teppco.com.

Contact: Investor Relations -- Brenda J. Peters
Phone: 713/759-3954, Toll-free: 800/659-0059
24-Hour Phone: n/a
e-mail: bjpeters@teppco.com
Contact: Media Relations -- Kathleen A. Sauve
Phone: 713/759-3635
24-Hour Phone: 704/382-8333
e-mail: kasauve@teppco.com