News Release
October 15, 2004

TEPPCO PARTNERS, L.P. ANNOUNCES THIRD QUARTER 2004 RESULTS CONFERENCE CALL

HOUSTON – TEPPCO Partners, L.P. (NYSE:TPP) will release third quarter 2004 results on Wednesday, Oct. 27, 2004. Following are details on the related conference call:

What:

TEPPCO Partners, L.P. third quarter 2004 financial results conference call

When:

Thursday, Oct. 28, 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 800/659-1025, confirmation code 26314797. 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 800/252-6030, confirmation code 26314797. 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, Toll-free: 800/659-0059
24-Hour Phone: n/a
e-mail: bjpeters@teppco.com
Contact: Media Relations -- Kathleen A. Sauve
Phone: 714/759-3635
24-Hour Phone: 704/382-8333
e-mail: kasauve@teppco.com