VEH Valero GP Hldgs Llc

Valero L.P. (NYSE:VLI) and Valero GP Holdings, LLC (NYSE:VEH) today announced that they have filed with the U.S. Securities and Exchange Commission its Annual Reports on Form 10-K for the fiscal year ended December 31, 2006. The filings can be viewed at Valero L.P. and Valero GP Holdings, LLC�s Web sites at www.valerolp.com and www.valerogpholdings.com under the Investors section. Upon request, unitholders and bondholders may receive free of charge a hard copy of both Companies� Annual Reports on Form 10-K (including complete audited financial statements). Requests should be communicated to Valero L.P. and Valero GP Holdings, LLC�s Investor Relations Department. Valero L.P. is a publicly traded, limited partnership based in San Antonio, with 9,113 miles of pipeline, 87 terminal facilities and four crude oil storage facilities. One of the largest independent terminal and petroleum liquids pipeline operators in the nation, the partnership has operations in the United States, the Netherlands Antilles, Canada, Mexico, the Netherlands and the United Kingdom. The partnership�s combined system has approximately 80 million barrels of storage capacity, and includes crude oil and refined product pipelines, refined product terminals, a petroleum and specialty liquids storage and terminaling business, as well as crude oil storage tank facilities. For more information, visit Valero L.P.'s Web site at www.valerolp.com. Valero GP Holdings, LLC is a publicly traded limited liability company that owns the two percent general partner interest, a 21.4 percent limited partner interest and the incentive distribution rights in Valero L.P., one of the largest independent terminal and petroleum liquids pipeline operators in the nation with operations in the United States, the Netherlands Antilles, Canada, Mexico, the Netherlands and the United Kingdom. For more information, visit Valero GP Holdings, LLC�s Web site at www.valerogpholdings.com.