Kinder Morgan completes acquisition of Terasen

Houston, TX, Dec. 1, 2005 — Kinder Morgan Inc. announced that it has completed its acquisition of Terasen Inc. The transaction was announced Aug. 1, 2005, and was approved by Terasen shareholders, the British Columbia Utilities Commission, Investment Canada and others.

Kinder Morgan Inc. is a North American energy transportation and distribution company with approximately 40,000 miles of natural gas and petroleum transportation pipelines, 1.1 million natural gas distribution customers and 150 terminals. Kinder Morgan Inc. owns the general partner interest of Kinder Morgan Energy Partners L.P., a publicly traded pipeline limited partnership in the United States. Combined, the two companies have an enterprise value of more than $35 billion.

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