Energy Transfer Equity, L.P. announced that its board of directors has approved a quarterly distribution increase of $0.02 per common unit on a pre-split basis ($0.01 per ETE common unit on a post-split basis) for the quarter ended December 31, 2013. The company's board of directors has approved an increase in its quarterly distribution to $0.6925 per unit on a pre-split basis ($0.34625 on a post-split basis) on ETE common units for the quarter ended December 31, 2013. The cash distribution will be payable on February 19, 2014 to unit holders of record as of the close of business on February 7, 2014.

Ex-date is February 5, 2014.