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Ferrellgas Appoints New Head of Acquisitions

LIBERTY, Mo., March 12 /PRNewswire/ -- Ferrellgas (NYSE: FGP) announced recently that Kenneth A. Heinz was promoted to Vice President of Finance and Corporate Development and will oversee the company's acquisitions efforts. In this added role, Heinz will continue to report to the Chief Financial Officer. James M. Hake, the former head of corporate development, will assume the role of Senior Vice President of Administration.

"I am very pleased to bring someone with Ken's knowledge of our industry and company into this key position," Chairman and Chief Executive Officer James E. Ferrell says. "This enables us to remain strong in the area of acquisitions and allows us to leverage Jim's (Hake) knowledge of our company in a corporate administration function."

Heinz joined Ferrellgas in November 1996 as Manager of Taxation, and was promoted in August 1998 to Director of Finance and Investor Relations. Prior to joining Ferrellgas, he worked as Manager of Tax for Payless Cashways, Inc. and for KPMG Peat Marwick.

Ferrellgas is the largest retail marketer of propane in the United States, with more than 1 million customers in 45 states and annual sales approaching 1 billion gallons. Ferrellgas employees indirectly own more than 17 million units of the partnership through an Employee Stock Ownership Plan.

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