Martin Midstream Partners L.P. Announces Commencement Of Public Offering Of Common Units

KILGORE, Texas, May 5, 2014 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) (the " Partnership") announced today that it has commenced an underwritten public offering of 3,600,000 common units (plus up to an additional 540,000 common units pursuant to an option granted to the underwriters) under its existing shelf registration statement. The Partnership intends to use the net proceeds from the offering (including any proceeds from the exercise of the underwriters' option to purchase additional common units) to repay outstanding indebtedness incurred under its revolving credit facility and for general partnership purposes. Amounts repaid under the revolving credit facility may be re-borrowed to fund future acquisitions, including the previously announced acquisition of all of the outstanding membership interests in Atlas Pipeline NGL Holdings, LLC and Atlas Pipeline NGL Holdings II, LLC from a subsidiary of Atlas Pipeline Partners L.P., and expansion capital expenditures. RBC Capital Markets, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, Deutsche Bank Securities Inc., Raymond James & Associates, Inc., and UBS Securities LLC are acting as joint book-running managers for the offering. In addition, Robert W. Baird & Co., Incorporated and Stifel, Nicolaus & Company, Incorporated are senior co-managing underwriters.

The offering is being made by means of a prospectus and related prospectus supplement, copies of which may be obtained from the following addresses:

RBC Capital Markets Attention: Equity Syndicate  3 World Financial Center  200 Vesey Street, 8 th Floor  New York, NY 10281-8098  Telephone: 877-822-4089

BofA Merrill Lynch  Attention: Prospectus Department  222 Broadway  New York, NY 10038  Email: dg.prospectus_requests@baml.com

Wells Fargo Securities  Attention: Equity Syndicate Dept.  375 Park Avenue  New York, NY 10152  Telephone: 800-326-5897  Email: cmclientsupport@wellsfargo.com

Deutsche Bank  Attn: Prospectus Group  60 Wall Street  New York, NY 10025-2836  Telephone: 800-503-2836  Email: prospectus@CPDG@db.com

Raymond James  880 Carillon Parkway  St. Petersburg, Florida 33716  Telephone: 800-248-8863  Email: prospectus@raymondjames.com

UBS Investment Bank  Attention: Prospectus Dept.  299 Park Avenue  New York, NY 10171  Telephone: 888-827-7275

You may also obtain these documents for free when they are available by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov.

This press release does not constitute an offer to sell or a 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. The offering will be made only by means of a prospectus and related prospectus supplement, which are part of an effective registration statement.

Forward Looking Statements

Statements in this press release other than historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and all references to financial estimates rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside the Partnership's control, which could cause actual results to differ materially from such statements. While the Partnership believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in the Partnership's annual and quarterly reports filed from time to time with the Securities and Exchange Commission. The Partnership disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise.

About Martin Midstream Partners L.P.

Martin Midstream Partners L.P. is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region. The Partnership's primary business segments include: (1) terminalling, storage and packaging services for petroleum products and by-products; (2) natural gas services, including liquids distribution services and natural gas storage; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) marine transportation services for petroleum products and by-products.

Additional information concerning the Partnership is available on its website at www.martinmidstream.com.
CONTACT: Joe McCreery,         Vice President - Finance & Head of Investor Relations         Martin Midstream Partners L.P.         Phone: (903) 988-6425         joe.mccreery@martinmlp.com

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