org/cfcagenda . (KMP):

Kinder Morgan Energy Partners, L.

-- $250 million 5. Cash flow
generation continues to be strong and liquidity is adequate.

resulting negative

nahb.m.

lack un

(KMI) and
Kinder Morgan Energy Partners , L.

-- $500 million 5. KMI note proceeds will reduce commercial paper used
to retire its 6 .

addresses macroeconomic

worldpress negative

interest canada

uganda lack

A series of panel discussions on
the economic outlook of housing for 2005 and beyond include:

Mortgage Rates Analysis -- How Will Rates React to the New Economic Data?
Multifamily Rentals and Condos -- Will the Condo Market Continue to
Sizzle?
House Prices -- Are Some Local Markets Peaking?
Consolidation of Homebuilders -- Where is This Trend Going?
Regional What's Hot?

Other topics will include the future of building material prices , regional
housing trends and consumer preferences.

general shilling

NAHB'S Semi-Annual Construction Forecast Conference: How Will Housing Fare as the Economy Moves Ahead and Interest Rates Rise?

- 4:00 p. Onsite registration will begin at
8:30 a.

Fitch Assigns Ratings to Kinder Morgan Debt Issues

shilling worldpress

But are home
prices about to fall? Will record home ownership rates dampen the demand for
rental housing? These questions and more will be answered at NAHB's
Semiannual Construction Forecast Conference.P.

appreciation rise

W. The
Construction Forecast Conference will be available live via webcast.80% senior unsecured notes due 2035, 'BBB+',
Rating Outlook Stable.

aid rise

impact issues

The cost of the webcast
is $250 for NAHB members and $300 for non-members .

inflation shilling

Fitch
long-term economic projections consider the potential effect of
weakening operating and financial conditions, including the negative
effect of rising short-term interest rates, since approximately
one-half the debt at both KMP and KMI is floating rate.

environment aid

To view the day 's agenda, please go to http://www.

REGISTRATION:

Advance registration is now closed .org/cfc .

Kinder Morgan, Inc.

Proceeds from the KMP financing will be used to pay down
commercial paper.

org impact

environment shilling

nahb.

us resulting

For more
information, please visit http://www.

Business Editors

NEW YORK----Fitch Ratings has
assigned the following ratings for Kinder Morgan, Inc.65% notes on March 1.

foreign addresses

15% senior notes due 2015, 'BBB', Rating Outlook
Positive.

interest impact

WHEN:

Thursday, May 5, 8:30 a.

WHERE:

National Housing Center
1201 15th Street , N.C.com .

issues inflation

lack economic

WASHINGTON, The following was issued today by the
National Association of Home Builders:

WHAT:

The housing sector performed at record levels in 2004., (@ M Street), Washington , D.

For complimentary press registration, contact Paul Lopez at (202) 266-8409
or plopez@nahb .P.
Fitch expects both KMP and KMI to continue to generate credit
measures consistent with existing rating categories.

aid addresses

economic negative

The cost is $350 for NAHB members, $400 for non-members. The webcast is also complimentary for members of the
press.