LIBERTY, Mo., Jan. 2 /PRNewswire-FirstCall/ -- Ferrellgas (NYSE: FGP) announced today that it has acquired the assets of Aeropres Propane, Inc. of Bossier City, Louisiana.

The acquisition brings Kansas City-based Ferrellgas more than 20,000 customers in Arkansas and Louisiana and adds approximately 9 million gallons to the company's annual retail sales. Ferrellgas has offered employment to all 75 employees at Aeropres' 13 local service centers.

Aeropres Propane is a division of Aeropres Corporation, the largest supplier of aerosol propellants in North America. Aeropres Propane is the largest independently owned propane company in Arkansas and Louisiana and the 32nd largest company in the retail propane industry.

The acquisition was completed on December 31, 2003, and is Ferrellgas' 64th since its initial public offering in 1994.

"Aeropres Propane is well respected in our industry and is a leader in each of the communities it serves in Arkansas and Louisiana," says Senior Vice President of Corporate Development Ken Heinz. "This company is a great complement to the already strong presence we have in those two states."

Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., is the nation's second-largest retail marketer of propane, serving more than one million customers in 45 states. Ferrellgas employees indirectly own more than 17 million units of the partnership through an employee stock ownership plan. Ferrellgas trades on the New York Stock Exchange under the ticker symbol FGP. More information about the company can be found online at www.ferrellgas.com .

Contacts: Scott Brockelmeyer, Media Relations, 816-792-7837

Ryan VanWinkle, Investor Relations, 816-792-7998

SOURCE Ferrellgas Partners, L.P.