LIBERTY, Mo., Nov. 29 /PRNewswire/ -- Ferrellgas Partners, L.P. (NYSE: FGP) announced today the acquisition of Alabama Butane Company, Inc. of Birmingham, Alabama.

"Alabama Butane has a strong reputation for safety and dependable customer service and is a tremendous complement to the presence Ferrellgas already has in this part of the country," said Vice President of Corporate Development Ken Heinz. "We look forward to offering Alabama Butane customers the same unsurpassed levels of service and safety that have made Ferrellgas an industry leader."

The acquisition brings Ferrellgas approximately 2,600 customers and adds more than 2 million gallons to the company's annual retail sales volume. This represents Ferrellgas' 55th acquisition since the company went public in 1994.

"Ferrellgas' experience in acquiring retail propane companies was obvious, and they helped me achieve my goals in completing this transaction," said Van McClurkin, former owner of Alabama Butane. "They handled themselves professionally and confidentially throughout the process. I know my customers will be in good hands and I'm confident I made the right choice in Ferrellgas."

Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., currently serves 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.

CONTACT: Investor Relations, Ryan VanWinkle, +1-816-792-7998, or Media, Scott Brockelmeyer, +1-816-792-7837, both of Ferrellgas Partners, L.P.

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SOURCE Ferrellgas Partners, L.P.
Web site: http: //www.ferrellgas.com
CONTACT: Investor Relations, Ryan VanWinkle, +1-816-792-7998, or Media, Scott Brockelmeyer, +1-816-792-7837, both of Ferrellgas Partners, L.P.