PPX PPL Capital Funding Inc

Pacific Energy Partners, L.P. (NYSE:PPX) announced that it is mailing 2005 Schedule K-1 tax packages today, Tuesday, February 28, 2006. In addition, investor K-1 tax packages are also now available online at www.PacificEnergy.com. Any tax package changes can be made directly on the web site, by calling (866) 779-7473, by faxing to (562) 728-2881, or by emailing k1@PacificEnergy.com. About Pacific Energy: Pacific Energy Partners, L.P. is a master limited partnership headquartered in Long Beach, California. Pacific Energy is engaged principally in the business of gathering, transporting, storing and distributing crude oil, refined products and other related products. Pacific Energy generates revenues by transporting such commodities on its pipelines, by leasing capacity in its storage facilities and by providing other terminaling services. Pacific Energy also buys and sells crude oil, activities that are generally complementary to its crude oil operations. Pacific Energy conducts its business through two business units, the West Coast Business Unit, which includes activities in California and the Philadelphia, PA area, and the Rocky Mountain Business Unit, which includes five Rocky Mountain states and Alberta, Canada. For additional information about the partnership, please visit www.PacificEnergy.com.