Kinder Morgan is one of the largest pipeline transportation and energy storage companies in North America. The Kinder Morgan companies own an interest in or operate approximately 38,000 miles of pipelines that transport primarily natural gas, crude oil, petroleum products and CO2, and more than 155 terminals that store, transfer and handle products like gasoline and coal. The Kinder Morgan companies include Kinder Morgan Energy Partners, L.P. (NYSE: KMP), Kinder Morgan Management, LLC (NYSE: KMR) and Knight Inc. (formerly known as Kinder Morgan, Inc.), a private company.

Kinder Morgan is one of Fortune magazine's Most Admired Companies. In 2007, Kinder Morgan ranked #1 in the "Pipeline Category." Among all industries in Fortune's list, Kinder Morgan ranked #1 in the "Use of Corporate Assets" and #2 in the "Quality of Management" categories.

Chairman and CEO Richard D. Kinder earns an annual salary of $1 and does not receive bonuses, stock options or restricted stock grants. Kinder Morgan believes that transparency drives accountability and publishes both its annual budget and monthly environmental, health and safety performance on its web site for investors and the public to track.

Most of Kinder Morgan's assets reside at Kinder Morgan Energy Partners (NYSE: KMP), which is one of the largest publicly traded pipeline limited partnerships in America with an enterprise value of approximately $20 billion. KMP operates predominantly fee-based businesses and is the largest independent transporter of refined petroleum products in the United States, a major transporter and storage operator of natural gas in the Texas, Rocky Mountain and Midwest areas, the largest transporter and marketer of CO2 for enhanced oil recover projects in North America, the largest independent terminal operator in North America and a major transporter of crude oil and petroleum products from Alberta to British Columbia and Washington state.

The general partner of KMP is owned by Knight Inc. (formerly known as Kinder Morgan, Inc.), which is now a private company. Mr. Kinder owns approximately 31 percent of Knight. In total, Knight is owned by a management buyout group led by Mr. Kinder (37 percent) and affiliates of Goldman Sachs Capital Partners (25 percent), American International Group, Inc. (16 percent), and the Carlyle Group and Riverstone Holdings LLC (11 percent each).

Kinder Morgan Management (NYSE: KMR) is a limited partner in and manages and controls the business and affairs of Kinder Morgan Energy Partners (NYSE: KMP). KMR has no properties and its success is dependent upon its operation and management of KMP and KMP's resulting performance. Distributions to KMR shareholders, which are paid in the form of additional KMR shares, are based on the amount of the cash distributions paid to KMP unitholders.