Plains All American Pipeline, L.P. Declares Distribution on Common And Subordinated Units

Apr 24, 2001, 01:00 ET from Plains All American Pipeline, L.P.

    HOUSTON, April 24 /PRNewswire Interactive News Release/ -- Plains All
 American Pipeline, L.P. (NYSE:   PAA) today announced a cash distribution of
 $0.475 per unit on its outstanding Common Units, Class B Common Units and
 Subordinated Units.  The distribution will be payable on May 15, 2001, to
 holders of record of such units at the close of business on May 3, 2001.  The
 distribution represents a $0.0125 per unit increase over the previous
 quarter's distribution and is $0.025 per unit more than the minimum quarterly
 distribution of $0.45 per unit specified in the Partnership Agreement.
     Plains All American Pipeline, L.P. is engaged in interstate and intrastate
 crude oil transportation, terminalling and storage, as well as crude oil
 gathering and marketing activities, primarily in California, Texas, Oklahoma,
 Louisiana and the Gulf of Mexico.  Plains All American Inc., a wholly owned
 subsidiary of Plains Resources Inc., holds an effective 54% interest in the
 Partnership and serves as its General Partner.  The Partnership's common units
 are traded on the New York Stock Exchange under the symbol "PAA".  Plains
 Resources Inc.'s common shares are traded on the American Stock Exchange under
 the symbol "PLX".  The Partnership is headquartered in Houston, Texas.
 
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SOURCE Plains All American Pipeline, L.P.
    HOUSTON, April 24 /PRNewswire Interactive News Release/ -- Plains All
 American Pipeline, L.P. (NYSE:   PAA) today announced a cash distribution of
 $0.475 per unit on its outstanding Common Units, Class B Common Units and
 Subordinated Units.  The distribution will be payable on May 15, 2001, to
 holders of record of such units at the close of business on May 3, 2001.  The
 distribution represents a $0.0125 per unit increase over the previous
 quarter's distribution and is $0.025 per unit more than the minimum quarterly
 distribution of $0.45 per unit specified in the Partnership Agreement.
     Plains All American Pipeline, L.P. is engaged in interstate and intrastate
 crude oil transportation, terminalling and storage, as well as crude oil
 gathering and marketing activities, primarily in California, Texas, Oklahoma,
 Louisiana and the Gulf of Mexico.  Plains All American Inc., a wholly owned
 subsidiary of Plains Resources Inc., holds an effective 54% interest in the
 Partnership and serves as its General Partner.  The Partnership's common units
 are traded on the New York Stock Exchange under the symbol "PAA".  Plains
 Resources Inc.'s common shares are traded on the American Stock Exchange under
 the symbol "PLX".  The Partnership is headquartered in Houston, Texas.
 
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 SOURCE  Plains All American Pipeline, L.P.