Targa Resources Partners LP Board Approves Third Quarter Distribution and Suppor

In addition, as discussed in the September 20, 2007 press releaseannouncing the acquisition of certain natural gas gathering and processingbusinesses from Targa Resources, Inc. ("Targa"), the Partnership announcedthat management has recommended an 18% increase in the fourth quarter 2007distribution (which will be paid in the first quarter of 2008) to 39.75¢, or$1.59 annually. The Board indicated their support of the recommendation whichremains subject to final Board approval following a review of fourth quarterfinancial results.

"We are pleased to announce our third quarter distribution and theproposed 18% increase in distributions for the fourth quarter of 2007. Theproposed distribution increase reflects the significant accretion in thePartnership's distributable cash flow resulting from our recently announcedacquisition of assets from Targa" said Rene Joyce, Chief Executive Officer ofthe Partnership's general partner and of Targa.

Targa Resources Partners will announce its earnings for the third quarterof 2007 before the NASDAQ Stock Market opens for trading on Wednesday,November 14, 2007. Following the announcement, the Partnership will host aconference call for investors and analysts at 10 a.m. ET (9 a.m. CT) todiscuss second quarter earnings. The conference call can be accessed viaWebcast through the Investors section of the Partnership's web site at or by dialing 800-257-2101. The pass code is11100295#. Please dial in 5 to 10 minutes prior to the scheduled start time. Areplay will be available approximately 2 hours following completion of theWebcast through the Investors section of the Partnership's web site and willremain available until November 28.

About Targa Resources Partners

Targa Resources Partners was formed by Targa to engage in the business ofgathering, compressing, treating, processing and selling natural gas andfractionating and selling natural gas liquids and natural gas liquidsproducts. The Partnership currently operates in the Fort Worth Basin in northTexas and, upon closing the announced transaction, in southwest Louisiana andwest Texas. A subsidiary of Targa is the general partner of the Partnership.Targa Resources Partners will own an extensive network of integrated gatheringpipelines, seven natural gas processing plants and two fractionators uponclosing of the announced transaction.

Targa Resources Partners' principal executive offices are located at 1000Louisiana, Suite 4300, Houston, Texas 77002 and its telephone number is713-584-1000.

Forward-Looking Statements

Certain statements in this release are "forward-looking statements" withinthe meaning of Section 27A of the Securities Act of 1933, as amended, andSection 21E of the Securities Exchange Act of 1934, as amended. Allstatements, other than statements of historical facts, included in thisrelease that address activities, events or developments that the Partnershipexpects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements rely on a number ofassumptions concerning future events and are subject to a number ofuncertainties, factors and risks, many of which are outside Targa ResourcesPartners' control, which could cause results to differ materially from thoseexpected by management of Targa Resources Partners. Such risks anduncertainties include, but are not limited to, weather, political, economicand market conditions, the timing and success of business development efforts;and other uncertainties. These and other applicable uncertainties, factors andrisks are described more fully in the Partnership's Annual Report on Form 10-Kfor the year ended December 31, 2006 and other reports filed with theSecurities and Exchange Commission. Targa Resources Partners undertakes noobligation to update or revise any forward-looking statement, whether as aresult of new information, future events or otherwise.