NGL Energy Partners LP Announces Pricing Of Common Unit Offering

NGL Energy Partners LP (NYSE:NGL) today announced it has priced its underwritten public offering of 9,000,000 common units representing limited partner interests at $29.00 per common unit. NGL also granted the underwriters a 30-day option to purchase up to 1,350,000 additional common units. The offering is expected to close on July 15, 2013, subject to customary closing conditions. NGL intends to use the net proceeds from this offering, including any net proceeds from the underwriters’ exercise of their option to purchase additional common units, to repay indebtedness and for general partnership purposes, including capital expenditures and potential acquisitions.

Deutsche Bank Securities, RBC Capital Markets, BofA Merrill Lynch, Goldman, Sachs & Co., UBS Investment Bank and Raymond James are acting as the joint bookrunners for the offering. When available, copies of the preliminary prospectus supplement, prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the Securities and Exchange Commission’s website at www.sec.gov or from the underwriters of the offering as follows:

Deutsche Bank Securities Inc.60 Wall StreetNew York, New York 10005-2836Attn.: Prospectus GroupTelephone: (800) 503-4611Email: prospectus.CPDG@db.com

RBC Capital MarketsAttn: Prospectus DepartmentThree World Financial Center200 Vesey Street, 8th FloorNew York, New York 10281Telephone: (877) 822-4089

BofA Merrill Lynch222 BroadwayNew York, New York 10038Attn: Prospectus DepartmentEmail: dg.prospectus_requests@baml.com

Goldman, Sachs & Co.Attn: Prospectus Department200 West StreetNew York, New York 10282Telephone: (866) 471-2526Email: prospectus-ny@ny.email.gs.com

UBS Investment BankAttn: Prospectus Department299 Park AvenueNew York, New York 10171Toll-free number: (888) 827-7275

Raymond James & Associates, Inc.880 Carillon ParkwaySt. Petersburg, Florida 33716Attn: Prospectus DepartmentTelephone: 800-248-8863Email: prospectus@raymondjames.com

The common units will be offered and sold pursuant to an automatically effective shelf registration statement filed with the Securities and Exchange Commission on July 8, 2013. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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