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Energy Transfer Equity Announces Quarterly Cash Distribution

DALLAS--(BUSINESS WIRE)--

Energy Transfer Equity, L.P. (ETE) today announced its quarterly cash distribution of $0.285 per ETE common unit for the first quarter ended March 31, 2016, or $1.14 per unit on an annualized basis.

Adjusting for the unit split completed in July 2015, the quarterly distribution of $0.285 per ETE common unit represents a distribution increase of $0.16 per common unit on an annualized basis, or 16% compared to the first quarter of 2015 and is the same distribution as the distribution for the fourth quarter of 2015. The cash distribution will be paid on May 19, 2016 to unitholders of record as of the close of business on May 6, 2016.

ETE plans to release earnings for the first quarter of 2016 on Wednesday, May 4, 2016, after the market closes. ETE and its subsidiary, Energy Transfer Partners, L.P. (ETP), will conduct a joint conference call on Thursday, May 5, 2016 at 8:00 a.m. Central Time to discuss quarterly results. During the scheduled time of the conference call, a live webcast will be available on Energy Transfer’s web site at www.energytransfer.com. The call will also be available for replay on Energy Transfer’s web site for a limited time.

The following information applies to ETE’s quarterly distribution announcement:

Record Date:

May 6, 2016

Ex-Date:

May 4, 2016

Payment Date:

May 19, 2016

Amount Paid:

$0.285 per common unit

Energy Transfer Equity, L.P. (ETE) is a...


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