Filed Pursuant to Rule 433
Registration No. 333-168049
Registration No. 333-168049-01
January 4, 2011
$750,000,000 3.20% Senior Notes due 2016
$750,000,000 5.95% Senior Notes due 2041
  Enterprise Products Operating LLC
  Unconditionally guaranteed by Enterprise
  Products Partners L.P.
  Baa 3 by Moody’s Investors Services, Inc.
BBB- by Standard & Poor’s Ratings Services
BBB- by Fitch Ratings
Trade Date:
  January 4, 2011
Expected Settlement Date:
  January 13, 2011 (T+7)
Note Type:
  Senior Unsecured Notes
Legal Format:
  SEC Registered
  $750,000,000 for the 2016 Notes
  $750,000,000 for the 2041 Notes
Maturity Date:
  February 1, 2016 for the 2016 Notes
  February 1, 2041 for the 2041 Notes
  3.20% for the 2016 Notes
  5.95% for the 2041 Notes
Interest Payment Dates:
  February 1 and August 1 for the 2016 Notes,
  commencing August 1, 2011
  February 1 and August 1 for the 2041 Notes,
  commencing August 1, 2011
Benchmark Treasury:
  2.125% due December 31, 2015 for the 2016 Notes
  3.875% due August 15, 2040 for the 2041 Notes
Benchmark Treasury Yield:
  2.021% for the 2016 Notes
  4.449% for the 2041 Notes
Spread to Benchmark Treasury:
  + 120 bps for the 2016 Notes



  + 155 bps for the 2041 Notes
  3.221% for the 2016 Notes
  5.999% for the 2041 Notes
Price to Public:
  99.901% for the 2016 Notes
  99.317% for the 2041 Notes
Net Proceeds:
Make-Whole Call:
  T + 20 bps for the 2016 Notes
  T + 25 bps for the 2041 Notes
  29379VAS2 for the 2016 Notes
  29379VAT0 for the 2041 Notes
  US29379VAS25 for the 2016 Notes
  US29379VAT08 for the 2041 Notes
Joint Book-Running Managers:
  J.P. Morgan Securities LLC
  BNP Paribas Securities Corp.
  Deutsche Bank Securities Inc.
  DnB NOR Markets, Inc.
  RBS Securities Inc.
  Scotia Capital (USA) Inc.
  Barclays Capital Inc.
  Mizuho Securities USA Inc.
  Morgan Stanley & Co. Incorporated
  SunTrust Robinson Humphrey, Inc.
  Wells Fargo Securities, LLC
  Natixis Securities North America Inc.
  RBC Capital Markets, LLC
  UBS Securities LLC
  BBVA Securities Inc.
  ING Financial Markets LLC
  SG Americas Securities, LLC
  US Bancorp Investments, Inc.
*   Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively,



the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC at 212-834-4533, BNP Paribas Securities Corp. at 800-854-5674, Deutsche Bank Securities Inc. at 800-503-4611, DnB NOR Markets, Inc. at 212-681-3800, RBS Securities Inc. at 866-884-2071 and Scotia Capital (USA) Inc. at 800-372-3930.