HOUSTON–Plains All American Pipeline, L.P. today announced a cash distribution of $0.85 per unit ($3.40 per unit on an annualized basis) on all of its outstanding limited partner units. The distribution will be payable on February 14, 2008, to holders of record of such units at the close of business on February 4, 2008. The distribution represents an increase of approximately 6.3% over the quarterly distribution of $0.80 per unit paid in February 2007 and an increase of approximately 1.2% over the November 2007 distribution of $0.84 per unit. This constitutes the 15th consecutive increase in quarterly distributions for the Partnership and the 22nd increase in the last twenty-eight quarters.
