TARGA RESOURCES PARTNERS LP
SymbolNGLS

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Targa Resources Partners LP Announces Third Quarter 2009 Distribution and Timing of Third Quarter 2009 Earnings Release and Conference Call

2009-10-19 18:30 ET - News Release

HOUSTON, Oct. 19, 2009 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (Nasdaq:NGLS) ("Targa Resources Partners" or the "Partnership") announced today that the board of directors of its general partner (the "Board") has declared a quarterly cash distribution of 51.75c per common unit, or $2.07 per common unit on an annualized basis, for the third quarter of 2009. This cash distribution will be paid November 13, 2009 on all outstanding common units to holders of record as of the close of business on November 4, 2009.

The partnership will report its third quarter 2009 earnings before the NASDAQ Stock Market opens for trading on Wednesday, November 4, 2009. Following the announcement, the Partnership will host a conference call for investors and analysts at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) to discuss third quarter results.

The conference call can be accessed via Webcast through the Investor's section of the Partnership's website at http://www.targaresources.com or by dialing 800-762-8908. The pass code is 4173122. Please dial in ten minutes prior to the scheduled start time. A replay will be available approximately two hours following completion of the Webcast through the Investor's section of the Partnership's website and will remain available until November 18, 2009. Replay access numbers are 303-590-3030 or 800-406-7325 with pass code 4173122.

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