Hiland Announces Release Date for Third Quarter 2008 Financial Results

ENID, Okla., Nov. 3  /PRNewswire-FirstCall/ -- The Hiland companies, Hiland Partners, LP (NASDAQ:HLND) and Hiland Holdings GP, LP (NASDAQ:HPGP) will announce third quarter 2008 financial results after market close on Thursday, November 6, 2008.

Hiland has scheduled a conference call for Friday, November 7, 2008, at 10:00 a.m. Central Time to discuss the 2008 third quarter results. To participate in the call, dial 1.888.396.2298 and participant passcode 92002423, or access it live over the Internet at http://www.hilandpartners.com/, on the "Investor Relations" section of the Partnership's website.

About the Hiland Companies

Hiland Partners, LP is a publicly traded midstream energy partnership engaged in purchasing, gathering, compressing, dehydrating, treating, processing and marketing of natural gas, and fractionating, or separating, and marketing of natural gas liquids, or NGLs.  The Partnership also provides air compression and water injection services for use in oil and gas secondary recovery operations.  The Partnership's operations are primarily located in the Mid-Continent and Rocky Mountain regions of the United States.  Hiland Partners, LP's midstream assets consist of fourteen natural gas gathering systems with approximately 2,087 miles of gathering pipelines, five natural gas processing plants, seven natural gas treating facilities and three NGL fractionation facilities.  The Partnership's compression assets consist of two air compression facilities and a water injection plant.

Hiland Holdings GP, LP owns the two percent general partner interest, 2,321,471 common units and 3,060,000 subordinated units in Hiland Partners, LP, and the incentive distribution rights of Hiland Partners, LP.

This press release may include certain statements concerning expectations for the future that are forward-looking statements.  Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control.  An extensive list of factors that can affect future results are discussed in the Partnership's Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission.  The Partnership undertakes no obligation to update or revise any forward-looking statements to reflect new information or events. 

DATASOURCE: Hiland Partners, LP; Hiland Holdings GP, LP



CONTACT:  Derek Gipson, Director - Business Development and Investor

Relations of Hiland Partners, LP, [phone]



Web site:  http://www.hilandpartners.com/ 

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