News Release
January 27, 2004

TEPPCO PARTNERS L.P. ANNOUNCES FOURTH QUARTER AND 2003 ANNUAL RESULTS CONFERENCE CALL

HOUSTON -- TEPPCO Partners L.P. (NYSE:TPP) will release fourth quarter and 2003 annual results on Wednesday, Feb. 11, 2004. Following are details on the call:

   What:           TEPPCO Partners L.P. fourth quarter and annual results conference call.

   When:           Thursday, Feb. 12, 2004 at 9 a.m. Eastern/8 a.m. Central

   Where:          www.teppco.com

   How:             To participate live over the Internet or via telephone -- simply log on to the Web site at the address above, or dial in to 800/478-6251, confirmation code 571756. Please call in five to 10 minutes prior to the scheduled start time.

An audio replay of the conference call will also be available for seven days by dialing 888/203-1112 with a confirmation code of 571756. A replay and transcript will also be available by accessing the company’s Web site at www.teppco.com

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
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