With respect to the quarterly distribution to unitholders for the first quarter of 2010, NuStar GP Holdings, LLC announced that its board of directors has declared a distribution of $0.45 per unit, which would equate to $1.80 per unit on an annual basis. The $0.45 per unit cash distribution will be paid on May 19, 2010, to holders of record as of May 7, 2010 and represents a 3.4 percent increase over the $0.435 distribution for the fourth quarter of 2009 and a 4.7 percent increase over the $0.43 distribution for the first quarter of 2009. The distribution coverage ratio for the first quarter of 2010 was one times.