Valero GP Holdings, LLC's 2006 Schedule K-1 Packages Now Available

  
    
  
  
    
      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.