Press Release

Texas Liquids Partners LLC

Contact: Steven Montovano - Chief Operating Officer
300 Executive Drive, West Orange, NJ 07052
800 882-8986
smontovano@texasliquids.com

Wholesale Propane Supplier Announces Acquisition of Retail Business

West Orange, NJ, September 28, 2007 - Texas Liquids Partners, LLC (Texas Liquids), a major propane wholesaler across North America, is extremely proud and excited to announce its first expansion into the retail propane business. Through its newly formed subsidiary, Texas Liquids Distributors, LLC, the company willl own and operate a propane distribution system for use in a residential apartment complex. The deal is part of a broader search for businesses across the value chain that will compliment and strengthen the company's current success in the wholesale supply business.

On Monday, October 8 th , Texas Liquids Distributors will close a deal to acquire the propane distribution, heating and metering infrastructure for Canterbury Village, a complex of 350 apartments in Newark, Delaware. Texas Liquids Partners will continue to supply the development with wholesale propane, as they have in the past, and will now also be responsible for the maintenance of the distribution system and the metering and billing of their new customers.

The expansion into the retail side of the propane business will allow Texas Liquids to leverage it's many capabilities. The company will use its expertise in reliable supply and arranging on-time transportation to make sure that the system is always well-supplied and that tenants never run out of propane for their heating needs. Texas Liquids will also take advantage of their excellent customer service, paramount for success on the retail side of the business.

Of the new acquisition, company Chief Operating Officer Steven Montovano, says, "This is a great opportunity for Texas Liquids to take advantage of all of its abilities. It fits perfectly with our full-service approach in our wholesale business and is a good example of how Texas Liquids is evolving: into a dynamic company that offers new products and services to its customers." William Hoatson, Chief Executive Officer for TL Partners, adds, "This deal is exciting because it really highlights the things that Texas Liquids has always done well. When it comes to making sure that customers are kept well-supplied and warm this winter, Texas Liquids' reputation for reliability is one of the best out there."

Texas Liquids, headquartered in West Orange, NJ, has a reputation for providing reliable, full-service wholesale propane supply at competitve prices. Keeping with their philosophy of the best service in the industry, the company has recently made significant expansions to its salesforce, management and its product offerings. Texas Liquids currently offers a full portfolio of financial risk management products designed to help its customers better manage their energy needs, and will be announcing new financial and physical propane products in the near future.