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Ferrellgas Acquisition in Southwest Expands Service Area Into High Growth Communities

    LIBERTY, Mo., Dec. 12 /PRNewswire/ -- Ferrellgas Partners, L.P.
(NYSE: FGP) announced today the acquisition of Blue Flame Bottle Gas Service,
Inc. which has customer service locations in Tucson, Sierra Vista, and Casa
Grande, Arizona.
    The acquisition brings Ferrellgas approximately 8,600 customers and adds
more than 3.5 million gallons to the company's annual retail sales volume.
    "We are extremely pleased to add a quality retail propane business like
Blue Flame to the Ferrellgas family," says Ken Heinz, Vice President of
Corporate Development.  "Blue Flame has an outstanding reputation in the
Southwest and gives us an immediate, strong presence in these high-growth
communities."
    The acquisition is the 56th since Ferrellgas went public in 1994 and is
the third acquisition completed by the company this fall.
    Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas,
L.P., currently serves more than one million customers in 45 states.
Ferrellgas employees indirectly own more than 17 million units of the
partnership through an employee stock ownership plan.  Ferrellgas trades on
the New York Stock Exchange under the ticker symbol FGP.

    CONTACT:  Ryan VanWinkle, Investor Relations, +1-816-792-7998, or Scott
Brockelmeyer, Media Relations, +1-816-792-7837, both of Ferrellgas Partners,
L.P.



SOURCE Ferrellgas Partners, L.P.




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Related links:
  • http://www.ferrellgas.com
    CONTACT:
    Ryan VanWinkle, Investor Relations,
    +1-816-792-7998, or Scott Brockelmeyer, Media Relations,
    +1-816-792-7837, both of Ferrellgas Partners, L.P.