VLI Valero Lp

Valero L.P. (NYSE:VLI) today announced that 2006 tax packages, which include the Schedule K-1, are available online at www.valerogpholdings.com in the Investors portion of the Web site. Valero GP Holdings, LLC expects to start mailing the 2006 tax packages beginning March 12, 2007. For additional K-1 tax information, unitholders may call 877-804-9545. Valero GP Holdings, LLC is a publicly traded limited liability company that owns the two percent general partner interest, a 21.4 percent limited partner interest and the incentive distribution rights in Valero L.P., one of the largest independent terminal and petroleum liquids pipeline operators in the nation with operations in the United States, the Netherlands Antilles, Canada, Mexico, the Netherlands and the United Kingdom. For more information, visit Valero GP Holdings, LLC�s Web site at www.valerogpholdings.com.