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Press Release

ENRON LIQUIDS PIPELINE, L.P. DECLARES REGULAR QUARTERLY DISTRIBUTION

FOR IMMEDIATE RELEASE: Thursday, December 19, 1996

Houston – The Board of Directors of Enron Liquids Pipeline Company, the general partner of Enron Liquids Pipeline, L.P., today declared a regular quarterly cash distribution of $0.63 per Common Unit for the fourth quarter of 1996. The indicated annual rate is $2.52 per unit.

The distribution is payable on February 14, 1997, to holders of said units at the close of business on January 31, 1997, out of the available cash flow of the MLP Partnership for the fourth quarter of 1996.

Enron Liquids Pipeline, L.P. owns and operates two interstate common carrier natural gas liquids (NGL) pipeline systems and one carbon dioxide (CO2) pipeline system. The Partnership also owns and operates a rail-to-barge coal transfer terminal and a natural gas processing facility and holds an indirect interest in an NGL fractionator. Enron Liquids Pipeline, L.P. trades on the New York Stock Exchange under the symbol, "ENP."

For additional information please contact:

A. H. Davis

(713) 853-6941







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