TEPPCO PARTNERS, L.P. ANNOUNCES SCHEDULE FOR EARNINGS AND CASH DISTRIBUTION ANNOUNCEMENTS - Duke Energy

News Release
January 24, 2005

TEPPCO PARTNERS, L.P. ANNOUNCES SCHEDULE FOR EARNINGS AND CASH DISTRIBUTION ANNOUNCEMENTS

HOUSTON – TEPPCO Partners, L.P. (NYSE:TPP), today announced the following schedule for quarterly earnings releases and cash distribution declarations.

Quarter Ended

Cash Distribution
Declaration Dates

Earnings Reporting Dates

Dec. 31, 2004

Jan. 14, 2005

Feb. 9, 2005

March 31, 2005

April 15, 2005

April 28, 2005

June 30, 2005

July 15, 2005

July 28, 2005

Sept. 30. 2005

Oct. 14, 2005

Oct. 27, 2005

Dec. 31, 2005

Jan. 13, 2006

To be determined

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