Welcome to Buckeye Partners, L.P.

Welcome

Buckeye Partners, L.P. is a publicly traded partnership (NYSE: BPL) that owns and operates one of the largest independent refined petroleum products pipeline systems in the United States in terms of volumes delivered, with approximately 5,400 miles of pipeline; owns 64 active refined petroleum products terminals; operates and maintains approximately 2,200 miles of pipeline under agreements with major oil and chemical companies; owns a major natural gas storage facility in northern California; and markets refined petroleum products in certain of the geographic areas served by its pipeline and terminal operations.

Buckeye GP Holdings, L.P. (NYSE: BGH) owns and controls the general partner of Buckeye Partners. Please see the Buckeye GP Holdings website at www.buckeyegp.com for more information.

News

BPL Announces New CFO - Monday, November 10, 2008

Breinigsville, PA – November 10, 2008. . . Buckeye Partners, L.P. (NYSE: BPL) (the “Partnership”) today announced the appointment of Keith E. St. Clair as Senior Vice President and Chief Financial Officer of Buckeye GP LLC, which is the general partner of the Partnership. Mr. St. Clair will replace Vance Powers, who has been serving as Acting Chief Financial Officer since July 23, 2007. Mr. Powers will continue to serve the Partnership in his capacity as Vice President, Finance and Controller. Mr. St. Clair has also been appointed to a similar position at MainLine Management LLC, the general partner of Buckeye GP Holdings L.P. (NYSE: BGH), which is the parent company of Buckeye GP LLC.

BPL Reports Third Quarter Results and Increases Distribution - Tuesday, October 28, 2008

Breinigsville, PA – October 28, 2008. . . Buckeye Partners, L.P. (NYSE:BPL) (the “Partnership”) today reported its financial results for the third quarter of 2008. The Partnership’s net income for the third quarter of 2008 was $46.6 million, or $0.79 per LP unit, compared with net income of $36.4 million, or $0.71 per LP unit, reported for the third quarter of 2007. The Partnership’s EBITDA (as defined below) for the third quarter of 2008 was $81.3 million, compared with EBITDA of $60.6 million in the third quarter of 2007. Net income per LP unit in the third quarter of 2008 reflects an increase in the average number of LP units outstanding during the third quarter to 48.4 million from an average of 42.7 million LP units outstanding in the third quarter of 2007.