EPOLP is the operating limited partnership
of Enterprise Products Partners, L. (GTM) and management's success in executing its
permanent acquisition financing plan.8 times,
which is in line with prior expectations for the current rating
category.

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P. Carol K.
The conference, set for March 10 and 11 at Southern California 's
Four Seasons Resort, Aviara, will be available in its entirety, both
live and via 30-day replay , at www.

This category is being disbanded.

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's (EPOLP) $250
million 5% senior notes due March 2015 and $250 million 5.75% senior
notes due March 2035.m. Cascade Bank operates
16 full service offices , located in Everett, Lynnwood, Marysville,
Mukilteo, Smokey Point, Issaquah, Clearview, Woodinville , Lake
Stevens, Bellevue and Snohomish.

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The Rating Outlook is Stable.

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Key financing activities include
the refinancing of GTM's higher coupon debt at EPOLP and the recent
sale of approximately $400 million of new common units by EPD,
proceeds of which were used primarily to retire bridge debt at EPOLP.



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ODP Editors

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(EPD), a leading publicly traded
master limited partnership (MLP) engaged primarily in natural gas
liquids (NGLs) and natural gas midstream services.sandleroneill .

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CORRECTING and REPLACING Cascade Financial to Present at Sandler O'Neill Conference

.

About Cascade Financial

Established in 1916, Cascade Bank , the only operating subsidiary
of Cascade Financial Corporation, is a state chartered commercial bank
headquartered in Snohomish County, Washington.

disbanded publicly

by Cascade Financial Corporation
Sandler O 'Neill + Partners West Coast Financial Services
Conference

EVERETT, Wash.----In BW5905 issued
March 2, 2005: First graph, second sentence, should read 4:15 p.

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P.

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Business Editors

NEW YORK----Fitch Ratings assigns a
'BBB-' rating to Enterprise Products Operating, L.
Proceeds from the notes will be utilized to pre-fund the
refinancing of EPOLP's $350 million 8.

The corrected release reads:

CASCADE FINANCIAL TO PRESENT AT SANDLER O'NEILL CONFERENCE

Cascade Financial Corporation (Nasdaq:CASB), parent company of
Cascade Bank, today announced plans to participate in the Pacific
Northwest Banking Panel at the Sandler O'Neill + Partners West Coast
Financial Services Conference.

p your

P.
EPOLP's rating and Stable Outlook reflect the earnings and cash
flow benefits derived from its recent merger with Gulf Terra Energy
Partners, L. PST).com.

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.

t p

publicly odp

Fitch Rates Enterprise Products $500MM Notes 'BBB-'; Outlook Stable



Business Editors
CORRECTION. PST
(sted 3:40 p. Nelson , President and CEO of
Cascade, will present on March 10, 2005, at 4:15 p. PST.

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Issaquah Bank, a division of Cascade
Bank, operates offices in Issaquah and North Bend.
In July 2004, US Banker magazine ranked Cascade #39 out of the Top
200 Publicly Traded Community Banks with less than $1 billion in
assets, based on three-year average return on equity.

thanks editors

25% senior notes maturing on
March 15, 2005 and to reduce borrowings under EPOLP's multi-year
revolving credit facility.m.m. In addition, the
audio of the conference can be heard by dialing (800) 239-8730 and
referencing Session One of the Sandler O'Neill conference. In October, the
same publication named President and CEO Carol Nelson one of the 25
Most Powerful Women in Banking.

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Fitch estimates that EPOLP's year-end 2004 pro forma debt/EBITDA
ratio, adjusted for the common unit offering, approximates 3.


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