Sunoco Logistics Partners L.P. Announces Adoption of Rule 10B5-1 Structured Trading Plan
For further information contact: For release: 4:30 p.m. February 17, 2009
Thomas Golembeski (media) 215-977-6298
Neal Murphy (investors) 215-977-6322
No. 5
SUNOCO LOGISTICS PARTNERS L.P. ANNOUNCES ADOPTION OF
RULE 10B5-1 STRUCTURED TRADING PLAN
PHILADELPHIA, February 17, 2009 - Sunoco Logistics Partners L.P. (NYSE: SXL)
(the “Partnership”) announced today that Deborah M. Fretz, President and Chief Executive
Officer has established a structured, prearranged trading plan to periodically sell units in the
Partnership over a one year period in accordance with Rule 10b5-1 of the Securities Exchange
Act of 1934.
Rule 10b5-1 permits the implementation of a written plan for selling Partnership units at
times when insiders are not in possession of material non-public information and allows them to
sell units on a periodic basis and in a nondiscretionary manner, regardless of whether they are in
possession of material non-public information at the time the sales occur.
The plan, which is effective February 23, 2009, has been established to permit Ms. Fretz
to diversify her personal equity portfolio for tax and estate planning purposes and was initiated
during the Partnership’s open window for insider transactions, following the Partnership’s year
end 2008 reported results. Sales under the plan are limited to a set number of units and are
subject to certain minimum unit prices.
Sunoco Logistics Partners L.P. (NYSE: SXL), headquartered in Philadelphia, is a master
limited partnership formed to acquire, own and operate refined product and crude oil pipelines
and terminal facilities. The Eastern Pipeline System consists of approximately 2,300 miles of
primarily refined product pipelines located in the Northeastern and Midwestern United States, the
recently acquired MagTex pipeline system and interests in four refined products pipelines,
consisting of a 9.4 percent interest in Explorer Pipeline Company, a 31.5 percent interest in
Wolverine Pipe Line Company, a 12.3 percent interest in West Shore Pipe Line Company and a
14.0 percent interest in Yellowstone Pipe Line Company. The Terminal Facilities consist of 9.7
million shell barrels of refined products terminal capacity and 24.0 million shell barrels of crude
oil terminal capacity (including approximately 17.1 million shell barrels of capacity at the Texas
Gulf Coast Nederland Terminal). The Western Pipeline System consists of approximately 3,700
miles of crude oil pipelines, located principally in Oklahoma and Texas, a 55.3 percent interest in
Mid-Valley Pipeline Company, a 43.8 percent interest in the West Texas Gulf Pipe Line
Company and a 37.0 percent interest in the Mesa Pipe Line System. For additional information
visit Sunoco Logistics’ web site at www.sunocologistics.com.
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