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Energy Transfer Announces Earnings ReleaseDate.

DALLAS -- Energy Transfer Partners, L.P. (NYSE:ETP) and Energy Transfer Equity, L.P. (NYSE:ETE) today announced that both Partnerships plan to release final earnings for the three months ended November 30, 2007 on Wednesday, January 9, 2008. A conference call has been scheduled for 9:00 a.m. Central

Time, Thursday, January 10, 2008 to discuss these quarterly results. The dial-in number for this call is 1-866-269-9613 participant code: Energy Transfer.

Energy Transfer Partners, L.P. (NYSE:ETP) is a publicly traded partnership owning and operating a diversified portfolio of energy assets. ETP's natural gas operations include intrastate natural gas gathering and transportation pipelines, natural gas treating and processing assets located in Texas, Louisiana, Utah and Colorado and three natural gas storage facilities located in Texas. These assets include approximately 14,000 miles of intrastate pipeline in service, with approximately 500 miles of intrastate pipeline under construction, and 2,400 miles of interstate pipeline. ETP is also one of the three largest retail marketers of propane in the U.S., serving more than one million customers across the country.

Energy Transfer Equity, L.P. (NYSE:ETE) owns the general partner of Energy Transfer Partners and approximately 62.5 million ETP limited partners units. Together ETP and ETE have a combined enterprise value of approximately $20 billion.

The information contained in this press release is available on the Partnership's website at www.energytransfer.com.

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