Oiltanking Partners, L.P. Announces Public Offering of 2.6M Common Units

Oiltanking Partners OILT (the "Partnership") today announced a registered underwritten public offering of 2,600,000 common units representing limited partner interests. The Partnership will grant the underwriters a 30-day option to purchase up to 390,000 additional common units. The Partnership intends to use the net proceeds from this offering, including any net proceeds from the underwriters' exercise of their option to purchase additional common units, to reduce indebtedness outstanding under its revolving credit facility, fund ongoing expansion projects and for general partnership purposes. Citigroup, Barclays, Deutsche Bank Securities, J.P. Morgan, Wells Fargo Securities and RBC Capital Markets are acting as joint book-running managers for the offering. Goldman, Sachs & Co. and U.S. Capital Advisors are acting as co-managers for the offering. The offering will be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from: Citigroup Attention: Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 1-800-831–9146 batprospectusdept@citi.com Barclays Attention: Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 1-888-603-5847 Barclaysprospectus@broadridge.com Deutsche Bank Securities Attention: Prospectus Group 60 Wall Street New York, NY 10005 1-800-503-4611 prospectus.cpdg@db.com J.P. Morgan Attention: Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 1-866-803-9204 Wells Fargo Securities Attention: Equity Syndicate Department 375 Park Avenue, 4th Floor New York, NY 10152 1-800-326-5897 cmclientsupport@wellsfargo.com RBC Capital Markets Three World Financial Center 200 Vesey Street, 10th Floor New York, NY 10281 1-877-822-4089 An electronic copy of the prospectus and prospectus supplement is available from the Securities and Exchange Commission's website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The offer is being made only through the prospectus as supplemented, which is part of a shelf registration statement that became effective on December 14, 2012. Oiltanking Partners, L.P. is a growth-oriented master limited partnership engaged in independent storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas. The Partnership provides logistics to major integrated oil companies, distributors, marketers and chemical and petrochemical companies. The Partnership's core assets are strategically located along the Gulf Coast of the United States on the Houston Ship Channel and in Beaumont, Texas. Forward-Looking Statements This news release contains forward-looking statements. These forward-looking statements reflect the Partnership's current views with respect to future events, based on what it believes are reasonable assumptions. No assurances can be given, however, that these events will occur. These statements are subject to risks and uncertainties as described in the Partnership's filings with the Securities and Exchange Commission, available on the Securities and Exchange Commission's website at www.sec.gov. By issuing forward-looking statements based on current expectations, opinions, views or beliefs, the Partnership has no obligation and, except as required by law, is not undertaking any obligation, to update or revise these statements or provide any other information relating to such statements. Contact Information: