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CONDENSED FINANCIAL HIGHLIGHTS THREE MONTHS ENDED MARCH 31, 2010 (UNAUDITED) TWELVE
MONTHS ENDED DECEMBER 31, ($ In Millions, Except Per Unit Amounts) 2011 2010 2010 2009
2008 Cash (Unrestricted) $150 $135 $66 $55 $57 Total Assets $31,821 $28,025 $31,361 $27,686 $25,780
Total Long Term Debt $13,274 $12,009 $13,281 $12,428 $12,715 Partners’ Equity $11,800 $10,822
$11,901 $10,473 $9,759 Noncontrolling Interest $523 $8,887 $527 $8,534 $7,781 Total Revenues
$10,184 $8,545 $33,739 $25,511 $35,470 Net Income Attributable to partners $421 $70 $321 $204 $164
Diluted Earnings per Unit $0.49 $0.33 $1.15 $0.99 $0.89 KEY INVESTMENT CONSIDERATIONS
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Proven
track record of executing growth strategy — Rapid expansion since Enterprise Products Company’s
formation in 1968 — Completed mergers with Enterprise GP Holdings L.P. in 2010; TEPPCO Partners,
L.P. in 2009; and Gulfterra Energy Partners, L.P. in 2004
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Assets strategically located to serve
the most prolific basins for natural gas, crude oil and NGLs in the United States — Access to 100%
of ethylene steam cracking capacity in the U.S. — the largest market for NGLs
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Strong business
positions with significant cash flows generated from fee-based businesses across the energy value
chain
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Balanced distribution growth and retention of cash flow — Investment grade credit rating
with focus on financial flexibility
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Expect to generate additional cash flows in 2012 and 2013
from approximately $5.5 billion of growth capital projects currently under construction.
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Low cost
of capital relative to peers
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No general partner incentive distribution rights or economic
interest
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History of increasing quarterly cash distributions leading to superior attractive total
returns which reduces cost of equity capital
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Attractive yield and tax deferral
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Management team
with interests aligned with the public partners — Management and their affiliates own
approximately 40 percent of the limited partner units outstanding PUBLICLY TRADED PARTNERSHIP
ATTRIBUTES Enterprise is a publicly traded partnership which operates in the following ways that
are different from a publicly traded stock corporation:
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Unitholders own limited partnership units
and receive cash distributions instead of owning shares of common stock and receiving dividends.
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A partnership generally is not a taxable entity and does not pay federal income taxes. All of the
annual income, gains, losses, deductions or credits flow through the partnership to the unitholders
on a per unit basis. The unitholders are required to report their allocated share of these amounts
on their income tax returns whether or not any cash distributions are paid by the partnership.
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Cash distributions paid by a partnership to a unitholder are generally not taxable, unless the
amount of any cash distributed is in excess of the unitholder’s adjusted basis in his partnership
interest.
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Generally in late February, Enterprise provides each unitholder a Schedule K-1 tax
package that includes each unitholder’s allocated share of reportable partnership items and other
partnership information necessary to complete their income tax returns. The K-1 provides a
unitholder the required tax information for their ownership interest in the partnership, just as a
Form 1099-DIV does for a stockholder’s ownership interest in a corporation. HEADQUARTERS P. O. Box
4324 Houston, TX 77210 713-381-6500 Randy Burkhalter Vice President, Investor Relations
rburkhalter@eprod.com Toll Free: 866.230.0745 Ronnetta Eaton Manager, Investor Relations
reaton@eprod.com www.epplp.com Visit Enterprise Energy Partners L.P. at its website www.epplp.com
where you can:
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Learn more about the operations, management, financial performance and history of
the Partnership
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Read the latest news releases, listen to the conference calls and view
presentations
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Sign up for email alerts for upcoming events and new add
itions to the website
Investor Notice In connection with the proposed merger with Duncan Energy Partners L.P. (DEP),
Enterprise has filed a registration statement (Registration No. 333-174321), which includes a
preliminary prospectus of Enterprise and a preliminary proxy statement of DEP and other materials,
with the Securities and Exchange Commission (“SEC”). INVESTORS AND SECURITY HOLDERS ARE URGED TO
CAREFULLY READ THE REGISTRATION STATEMENT AND THE DEFINITIVE PROXY STATEMENT / PROSPECTUS AND ANY
OTHER MATERIALS FILED OR TO BE FILED WITH THE SEC REGARDING THE PROPOSED TRANSACTION WHEN THEY
BECOME AVAILABLE, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT ENTERPRISE, DEP AND THE PROPOSED MERGER. A definitive proxy statement /
prospectus will be sent to security holders of DEP seeking their approval of the proposed merger
after the registration statement is declared effective by the SEC. Investors and security holders
may obtain a free copy of the proxy statement / prospectus (when it is available) and other
documents containing information about DEP, without charge, at the SEC’s website at www.sec.gov.
Enterprise, DEP and their respective general partners, and the directors and certain of the
executive officers of the respective general partners, may be deemed to be participants in the
solicitation of proxies from the unitholders of DEP in connection with the proposed merger.
Information about the directors and executive officers of the respective general partners of
Enterprise and DEP is set forth in the preliminary proxy statement / prospectus, each partnership’s
Annual Report on Form 10-K for the year ended December 31, 2010, which were each filed with the SEC
on March 1, 2011, and subsequent statements of changes in beneficial ownership on file with the
SEC. These documents can be obtained free of charge from the source listed above. Forward-Looking
Statements This fact sheet includes “forward-looking statements” as defined by the SEC. All
statements, other than statements of historical fact, included herein that address activities,
events or developments that Enterprise expects, believes or anticipates will or may occur in the
future, including anticipated benefits and other aspects of the proposed merger with DEP, are
forward-looking statements. These forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, such as the required approvals by unitholders
and regulatory agencies, the possibility that the anticipated benefits from the proposed merger
cannot be fully realized, and the impact of competition, regulation and other risk factors included
in the reports filed with the SEC by Enterprise. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of their dates. Except as required by law,
Enterprise does not intend to update or revise its forward-looking statements, whether as a result
of new information, future events or otherwise.
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