Spectra Energy Partners Raises Quarterly Distribution to $.45

Spectra Energy Partners, LP SEP announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.45 per unit for the quarter ended December 31, 2010. This represents a 2.3 percent increase over the third quarter 2010 distribution of $0.44 per unit paid on November 12, 2010, and a 9.8 percent increase over the fourth quarter 2009 distribution of $0.41 per unit. The cash distribution is payable on February 14, 2011, to unitholders of record at the close of business on February 4, 2011. This quarterly cash distribution equates to $1.80 per unit on an annual basis.