Colonial Press Release

Colonial Directors Approve New Expansion Of Main Gasoline Line

Additional 100,000 Barrels Per Day Slated to Be Available Early 2013

ATLANTA, Ga. — A significant expansion of Colonial’s main gasoline pipeline, originating in Houston and connecting Gulf Coast refineries with markets across Colonial’s system, has been approved by the company’s Board of Directors.

An estimated 100,000 barrels per day (BPD) of additional capacity will be added to Colonial’s Line 01 during the first quarter of 2013. Line 01 begins in Houston and terminates in Greensboro, N.C., from where shipments to the Northeastern U.S. are made.

The expansion represents approximately a 10 percent increase in Colonial’s overall gasoline delivery capacity, and is the third major capacity enhancement announced by Colonial in 2011. Previously announced were:

• A 100,000 BPD capacity increase to the mainline serving the Northeast was put into operation earlier this year. This line begins in Greensboro and serves the Philadelphia, New, Jersey and New York markets.

• A 75,000 BPD capacity increase to the distillate mainline is under way, with 20,000 BPD accomplished and 55,000 BPD due online by mid-2012. This line originates in Houston and terminates in Greensboro.

These investments in our system and service improvements are right in line with what our customers have asked for in light of changing markets and increases in demand for deliveries by Colonial,” said Tim Felt, Colonial President and CEO.

We talk with our customers every day and are working on additional plans and projects that will make Colonial more useful and more available to them,” Felt said.

Recent refinery closings in the Northeast have contributed to allocating space on Colonial mainlines, primarily between Houston and Greensboro. The announced and the completed expansions are intended to help alleviate this condition, as are additional projects still on the drawing board.

Colonial Pipeline consists of more than 5,500 miles of pipe and connects Gulf Coast refineries and with markets across the South and Eastern United States. Colonial safely transports refined petroleum products, including gasoline, diesel fuel, jet fuel, home heating oil and fuels for the U.S. military. For more information, visit www.colpipe.com.