Michael B. Bracy

Vice Chairman

Michael B. Bracy, age 64, was elected a director of the General Partner in March 2005 and non-executive vice chairman of the board in March 2006. Mr. Bracy serves as a member and chairman of the Audit and Conflicts Committee and as a member of the Governance Committee.

Mr. Bracy served as a director of the general partner of GulfTerra Energy Partners, L.P. from October 1998 until September 30, 2004, when it merged with Enterprise Products Partners L.P. He was also an audit committee financial expert as determined under the SEC rules while serving on the board of GulfTerra's general partner. Mr. Bracy also serves as an audit committee financial expert on the board of TEPPCO's general partner. From 1993 to 1997, Mr. Bracy served as director, executive vice president and chief financial officer of NorAm Energy Corp. For nine years prior, he served in various executive capacities with NorAm. Mr. Bracy is a member of the board of directors of Itron, Inc.