KMP Increases Quarterly Distribution

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced an increase in its quarterly cash distribution per common unit to $0.81 ($3.24 annualized) from $0.80 per unit. Payable on May 15, 2006, to unitholders of record as of April 28, 2006, the distribution represents a 7 percent increase over the first quarter 2005 cash distribution per unit of $0.76 ($3.04 annualized).