NEW YORK (Standard & Poor's) Jan. 18, 2005--Standard & Poor's Ratings Services said today that the acquisition of the 9.9% ownership interest in Enterprise Products GP LLC by affiliates of Enterprise Products Co. Inc. (EPCO) has no affect on the ratings or outlook of Enterprise Products Partners L.P. (BB+/Stable/--). Standard & Poor's expected the transaction after the completion of the merger with Gulf Terra and has already factored that in current ratings. With the purchase, EPCO, including related trusts, now owns 100% of the equity interest in Enterprise's general partner and approximately 144 million, or 39.5%, of Enterprise Product Partners L.P.'s common units outstanding.
