www.magellanlp.com

10/06/2003


Magellan Midstream Partners to Release Earnings Oct. 27

TULSA, Okla. – Magellan Midstream Partners, L.P. (NYSE: MMP), formerly Williams Energy Partners L.P. (NYSE: WEG), plans to announce its financial results for third-quarter 2003 before the market opens on Monday, Oct. 27. Partnership management will discuss earnings at 1:30 p.m. Eastern the same day during a conference call with analysts.

To participate in the conference call, dial ( 800) 289-0468 and provide code 387391. International callers should dial (913) 981-5517 and provide the same code. Investors also may listen to the call via the partnership's web site at www.magellanlp.com/webcasts.asp.

Audio replays of the conference call will be available from 4:30 p.m. Eastern on Oct. 27 through midnight on Oct. 31. To access the replay, dial (888) 203-1112. International callers should dial (719) 457-0820. The access replay code is 387391.

About Magellan Midstream Partners, L.P.  

Magellan Midstream Partners, L.P., formerly Williams Energy Partners L.P., is a publicly traded partnership formed to own, operate and acquire a diversified portfolio of energy assets. The partnership primarily transports, stores and distributes refined petroleum products and ammonia. More information is available at www.magellanlp.com.

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Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the partnership believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the partnership's filings with the Securities and Exchange Commission. 


Contact Information:

Paula Farrell Investor Relations 918-574-7650 paula.farrell@magellanlp.com