MLP Investor Conference

3/3/2003


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Table of Contents

MLP Investor Conference

Forward-looking Statements

TEPPCO Partners, L.P.

The Sponsor: Duke Energy Field Services

TEPPCO’s asset base has quadrupled over the last five years,

and volumes have grown significantly,

resulting in substantial EBITDA growth.

The TEPPCO Systems

TEPPCO’s Three Business Segments

EBITDA Contribution by Segment – 2003E

TEPPCO Corporate Strategy

TEPPCO’s Upstream Business

Upstream Strategy

TEPPCO’s Downstream Business

PPT Slide

Downstream Strategy

Midwest Refined Products Demand

Recent Centennial Pipeline Developments

Downstream Segment Growth Potential

TEPPCO’s Midstream Business

Midstream Strategy

Val Verde Gas Gathering System

Val Verde Growth Potential

Jonah Gas Gathering System

Jonah System Volumes

Jonah Growth Potential

Balance Sheet and Distribution Coverage

Distributions have shown steady growth

TEPPCO unitholders have realized an 18% average annual return since 1990

TEPPCO’s Governance

Conclusion

PPT Slide

Author: Mike Sims