VLI Valero Lp

Valero L.P. (NYSE:VLI) today announced that it will host a conference call Monday, July 25, 2005 at 3:00 p.m. CT to discuss second quarter 2005 earnings results, which will be released earlier that day, and provide an update on partnership operations. The conference call may be accessed by dialing 800/622-7620, reservation passcode 7708638. International callers may access the conference call by dialing 706/645-0327, passcode 7708638. The company intends to have a playback available following the conference call and may be accessed by calling 800/642-1687, reservation passcode 7708638. International callers may access the playback by calling 706/645-9291, reservation passcode 7708638. Persons interested in listening to the presentation live via the internet may log on to Valero L.P.'s web site at www.valerolp.com. Valero L.P. is a master limited partnership based in San Antonio, with 9,150 miles of pipeline, 94 terminal facilities and four crude oil storage facilities. One of the largest terminal and independent petroleum liquids pipeline operators in the nation, the partnership has terminal facilities in 25 U.S. states, Canada, Mexico, the Netherlands Antilles, the Netherlands, Australia, New Zealand and the United Kingdom. The partnership's combined system has approximately 77.6 million barrels of storage capacity, and includes crude oil and refined product pipelines, refined product terminals, petroleum and a specialty liquids storage and terminaling business, as well as crude oil storage tank facilities. For more information, visit Valero L.P.'s web site at www.valerolp.com.