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Ferrellgas Partners, L.P. Declares Fourth Quarter Distribution

    OVERLAND PARK, Kan., Aug. 23 /PRNewswire-FirstCall/ -- Ferrellgas
Partners, L.P. (NYSE: FGP) has declared a fourth quarter cash distribution
of $0.50 per partnership common unit. The distribution is payable September
14, 2006, to common unitholders of record as of September 7, 2006.
    The distribution covers the period from May 1, 2006 to July 31, 2006,
the end of the partnership's fourth quarter of fiscal 2006. Ferrellgas'
annualized distribution is currently $2.00 per common unit. Ferrellgas
Partners, L.P., through its operating partnership, Ferrellgas, L.P.,
currently serves more than one million customers in all 50 states, the
District of Columbia, Puerto Rico and Canada. Ferrellgas employees
indirectly own more than 18 million common units of the partnership through
an employee stock ownership plan.
    Contact:
    Ryan VanWinkle, Investor Relations, 913-661-1528
    Scott Brockelmeyer, Media Relations, 913-661-1830


SOURCE Ferrellgas Partners, L.P.




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Related links:
  • http://www.ferrellgas.com/
    CONTACT:
    Ryan VanWinkle, Investor Relations,
    +1-913-661-1528; or Scott Brockelmeyer, Media Relations,
    +1-913-661-1830, both of Ferrellgas Partners, L.P.