Crosstex Declares Increase in Quarterly Distribution and Dividend (XTEX, XTXI)

The Crosstex Energy companies today announced the declaration of the quarterly distribution for Crosstex Energy, L.P. XTEX and the quarterly dividend for Crosstex Energy, Inc. XTXI from the first quarter of 2011: * The quarterly distribution on the Partnership's common and preferred units will be $0.29 per unit payable May 13 to unitholders of record May 2. * The quarterly dividend on the Corporation's common stock will be $0.09 per share payable May 13 to stockholders of record May 2. These amounts represent an increase from the prior quarter of approximately 12 percent each in the distribution from the Partnership and the dividend of the Corporation.