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DCP Midstream Partners to Release Fourth Quarter and Year End 2008 Results on February 25

DENVER, Jan. 20 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP (NYSE: DPM) will announce its earnings for the quarter and year ended Dec. 31, 2008, after the New York Stock Exchange closes for trading on Wednesday, Feb. 25, 2009. An earnings conference call for investors and analysts is scheduled for 11 a.m. ET on Thursday, Feb. 26, 2009. The conference call can be accessed via webcast through the Investor section of DCP Midstream Partners' Web site at http://www.dcppartners.com or by dialing 800-860-2442 in the United States or 412-858-4600 outside the United States. Please call in 5 to 10 minutes prior to the scheduled start time. A replay of the conference call will be available until 9 a.m. ET, April 24, 2009, by dialing 877-344-7529 in the United States or 412-317-0088 outside the United States. The passcode is 426824. A replay, transcript and presentation slides in PDF format will also be available by accessing the Investor section of the partnership's Web site.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080805/LATU124LOGO-b)

DCP Midstream Partners, LP (NYSE: DPM) is a midstream master limited partnership that gathers, treats, processes, transports and markets natural gas, transports and markets natural gas liquids, and is a leading wholesale distributor of propane. DCP Midstream Partners, LP is managed by its general partner, DCP Midstream GP, LLC, which is wholly owned by DCP Midstream, LLC, a joint venture between Spectra Energy and ConocoPhillips. For more information, visit the DCP Midstream Partners, LP Web site at http://www.dcppartners.com.

SOURCE DCP Midstream Partners, LP

Contact: Karen L. Taylor of DCP Midstream Partners, LP, +1-303-633-2913, or 24-Hour, +1-303-809-9160