Enterprise GP Holdings L.P. Increases Cash Distribution Rate

Enterprise GP Holdings L.P., announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate to partners to $0.47 per unit, or $1.88 per unit on an annualized basis. The cash distribution will be paid on February 10, 2009, to unitholders of record as of the close of business January 30, 2009. This distribution represents a 14.6 percent increase from $0.41 per unit declared with respect to the fourth quarter of 2007.

Enterprise GP Holdings will announce its earnings for the fourth quarter 2008 on Monday, March 2, 2009, before the New York Stock Exchange opens for trading.

Enterprise GP Holdings is one of the largest publicly traded GP partnerships. It owns the general partner and limited partner interests in Enterprise Products Partners L.P., TEPPCO Partners, L.P. and Energy Transfer Equity, L.P. For more information on Enterprise GP Holdings L.P., visit www.enterprisegp.com.

Contact:

Enterprise GP Holdings L.P., Houston
Randy Burkhalter, 713-381-6812
Investor Relations
or
Rick Rainey, 713-381-3635
Media Relations

Via Yahoo