Energy Transfer Equity, L.P. announced that the Board of Directors of each Partnership has approved quarterly distributions for the quarter ended December 31, 2012. The company's Board of Directors has approved a quarterly distribution of $0.635 per unit ($2.54 annualized) on ETE common units for the quarter ended December 31, 2012. The quarterly distribution of $0.635 represents an increase of $0.04 per common unit on an annualized basis.

The cash distribution will be paid on February 19, 2013 to unit holders of record as of the close of business on February 7, 2013.