Document:

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                                                                    EXHIBIT 4.2
                                                                 CONFORMED COPY
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                                 KINDER MORGAN
                             ENERGY PARTNERS, L.P.

                                     ISSUER

                                      AND

                      WACHOVIA BANK, NATIONAL ASSOCIATION

                                    TRUSTEE

                            ------------------------

                          FIRST SUPPLEMENTAL INDENTURE

                          DATED AS OF AUGUST 23, 2002

                    TO INDENTURE DATED AS OF AUGUST 19, 2002

                            ------------------------

                    $125,000,000 7.30% SENIOR NOTES DUE 2033

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                          FIRST SUPPLEMENTAL INDENTURE

         FIRST SUPPLEMENTAL INDENTURE, dated as of August 23, 2002 (the
"Supplemental Indenture"), to the Indenture, dated as of August 19, 2002 (the
"Original Indenture" and, as so amended and supplemented by this Supplemental
Indenture, the "Indenture"), between KINDER MORGAN ENERGY PARTNERS, L.P., a
Delaware limited partnership (the "Partnership"), and WACHOVIA BANK, NATIONAL
ASSOCIATION, as trustee (the "Trustee").

                           RECITALS OF THE PARTNERSHIP

         WHEREAS, pursuant to the Original Indenture, the Partnership
established and issued a series of its Securities (as defined in the Indenture)
designated as its 7.30% Senior Notes due 2033 (the "2033 Securities") in the
initial aggregate principal amount of $375,000,000;

         WHEREAS, Sections 301 and 901 of the Indenture provide that the
Partnership may, so long as no Event of Default has occurred and is continuing,
reopen the series represented by the 2033 Securities to issue additional
Securities of such series, which shall form a single series with the other 2033
Securities and shall have the same terms, without consent of any Holder;

         WHEREAS, the Partnership represents that no Event of Default has
occurred and is continuing;

         WHEREAS, the Partnership desires to reopen such series and issue
$125,000,000 principal amount of additional 2033 Securities which will be part
of the same series as the 2033 Securities, have the same CUSIP number and have
the same terms as the 2033 Securities;

         WHEREAS, the conditions set forth in the Original Indenture for the
execution and delivery of this Supplemental Indenture have been complied with;
and

         WHEREAS, all things necessary to make this Supplemental Indenture a
valid agreement of the Partnership and the Trustee, in accordance with its
terms, and a valid amendment of, and supplement to, the Original Indenture have
been done.

         NOW THEREFORE:

         Pursuant to Sections 301 and 901 of the Indenture, the series of 2033
Securities established by the Original Indenture is hereby reopened and there is
hereby authorized for issuance, authentication and delivery $125,000,000
principal amount of additional 2033 Securities (the "Additional 2033
Securities") of the same series as the 2033 Securities initially issued under
the Original Indenture, and in consideration of the premises and the purchase
and acceptance of the Additional 2033 Securities by the Holders thereof, the
Partnership mutually covenants and agrees with the Trustee, for the equal and
proportionate benefit of all Holders of

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the 2033 Securities, that the Original Indenture is hereby supplemented and
amended, to the extent and for the purposes expressed herein, as follows:

                                   ARTICLE ONE

                      SCOPE OF THIS SUPPLEMENTAL INDENTURE

         Section 1.1 Changes, Etc. Applicable Only to the 2033 Securities. The
changes, modifications and supplements to the Original Indenture effected by
this Supplemental Indenture shall be applicable only with respect to, and govern
the terms of, the 2033 Securities (including the Additional 2033 Securities),
and shall not apply to the other series of Securities issued under the Indenture
unless a supplemental indenture with respect to such other Securities
specifically incorporates such changes, modifications and supplements.

                                   ARTICLE TWO

                      AMENDMENTS TO THE ORIGINAL INDENTURE

         Section 2.1 Amendments to Original Indenture. The Original Indenture is
hereby amended and supplemented as follows:

         (a) The series of 2033 Securities established by the Original Indenture
is hereby reopened for the issuance of Additional 2033 Securities in an
aggregate principal amount of $125,000,000, which shall form a single series
with the 2033 Securities, with the same CUSIP number, and shall have the same
terms as the 2033 Notes, except that the Additional 2033 Securities will be
issued on August 23, 2002. Interest on the Additional 2033 Securities shall
accrue from August 19, 2002. A copy of the forms of face and reverse of the 2033
Securities, including the Additional 2033 Securities, are set forth in Sections
202 and 203, respectively, of the Original Indenture.

         (b) All references in the Original Indenture and the form of face and
reverse of the 2033 Security set forth in the Original Indenture to the 2033
Securities shall be amended, supplemented and deemed to include the Additional
2033 Securities issued hereunder.

         (c) Section 101 of the Original Indenture is hereby amended by the
deletion of the definition of "Registration Rights Agreement" and the
substitution in the lieu thereof of the following:

                           "Registration Rights Agreement" means, as applicable,
                  the Registration Rights Agreement, dated as of August 19,
                  2002, between the Partnership and Salomon Smith Barney Inc.,
                  J.P. Morgan Securities Inc., Wachovia Securities, Inc., RBC
                  Dominion Securities Corporation, SunTrust Capital Markets,
                  Inc. Banc One Capital Markets,, Inc. and Credit Lyonnais
                  Securities (USA) Inc., as the same shall be amended from time
                  to time, or the Registration Rights Agreement, dated as of
                  August 23, 2002, between the Partnership and J.P. Morgan
                  Securities Inc., as the same shall be amended from time to
                  time.

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         (d) The Additional 2033 Securities shall be subject to, and be entitled
to the benefits of the Original Indenture, as amended hereby.

                                  ARTICLE THREE

                                  MISCELLANEOUS

         Section 3.1 Defined Terms. Unless otherwise provided in this
Supplemental Indenture, all defined terms used in this Supplemental Indenture
shall have the meanings assigned to them in the Original Indenture.

         Section 3.2 Conflict with Trust Indenture Act. If any provision hereof
limits, qualifies or conflicts with a provision of the Trust Indenture Act that
is required under such Act to be a part of and govern this Supplemental
Indenture, the latter provision shall control. If any provision of this
Supplemental Indenture modifies or excludes any provision of the Trust Indenture
Act that may be so modified or excluded, the latter provision shall be deemed to
apply to this Supplemental Indenture as so modified or excluded, as the case may
be.

         Section 3.3 Effect of Headings. The Article and Section headings herein
are for convenience only and shall not affect the construction hereof.

         Section 3.4 Successors and Assigns. All covenants and agreements in
this Supplemental Indenture by the Partnership shall bind its successors and
assigns, whether so expressed or not.

         Section 3.5 Separability Clause. In case any provision in this
Supplemental Indenture or in the 2033 Securities (including the Additional 2033
Securities) shall be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions shall not in any way be affected
or impaired thereby.

         Section 3.6 Benefits of Supplemental Indenture. Nothing in this
Supplemental Indenture or in the 2033 Securities (including the Additional 2033
Securities), express or implied, shall give to any Person, other than the
parties hereto and their successors hereunder and Holders of 2033 Securities,
any benefit or any legal or equitable right, remedy or claim under this
Supplemental Indenture.

         Section 3.7 Governing Law. This Supplemental Indenture and the 2033
Securities (including the Additional 2033 Securities) shall be governed by and
construed in accordance with the law of the State of New York.

         Section 3.8 Acceptance by Trustee. The Trustee accepts the amendments
to the Original Indenture effected by this Supplemental Indenture and agrees to
execute the trusts created by the Indenture, but only upon the terms and
conditions set forth in the Indenture. Without limiting the generality of the
foregoing, the Trustee assumes no responsibility for the correctness of the
recitals contained herein, which shall be taken as the statements of the
Partnership, and except as provided in the Indenture the Trustee shall not be
responsible or accountable in any way whatsoever for or with respect to the
validity or execution or sufficiency of this Supplemental Indenture and the
Trustee makes no representation with respect thereto.

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         Section 3.9 Counterparts. This Supplemental Indenture may be executed
with counterpart signature pages or in any number of counterparts, each of which
so executed shall be an original, but such counterparts shall together
constitute but one and the same instrument.

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         IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed, all as of the day and year first above written.

                                   KINDER MORGAN ENERGY PARTNERS, L.P.

                                   By:  Kinder Morgan G.P., Inc.,
                                        its General Partner,

                                   By:  Kinder Morgan Management, LLC,
                                        its Delegate

                                   By:  /s/ Joseph Listengart
                                        ------------------------------------
                                        Name:  Joseph Listengart
                                        Title: Vice President, General Counsel
                                               and Secretary

                                   WACHOVIA BANK, NATIONAL ASSOCIATION

                                   By:  /s/ R. Douglas Milner
                                        ------------------------------------
                                        Name:  R. Douglas Milner
                                        Title: Vice President<PAGE>
                                                                     EXHIBIT 4.4
                                                                  Conformed Copy

                       KINDER MORGAN ENERGY PARTNERS, L.P.
                    $250,000,000 5.35% SENIOR NOTES DUE 2007
                    $375,000,000 7.30% SENIOR NOTES DUE 2033

                                   ----------

                          REGISTRATION RIGHTS AGREEMENT

                                                                 August 19, 2002

Salomon Smith Barney Inc.
J.P. Morgan Securities Inc.
Wachovia Securities, Inc.
RBC Dominion Securities Corporation
SunTrust Capital Markets, Inc.
Banc One Capital Markets, Inc.
Credit Lyonnais Securities (USA) Inc.
c/o Salomon Smith Barney Inc.
388 Greenwich Street, 34th Floor
New York, New York  10013

Ladies and Gentlemen:

         Kinder Morgan Energy Partners, L.P., a Delaware limited partnership
(the "Partnership"), proposes to issue and sell to you (the "Purchasers") upon
the terms and subject to the conditions set forth in the Purchase Agreement (as
defined herein) an aggregate of $250,000,000 principal amount of the
Partnership's 5.35% Senior Notes due 2007 (the "2007 Notes") and $375,000,000
principal amount of the Partnership's 7.30% Senior Notes due 2033 (the "2033
Notes" and together with the 2007 Notes, the "Securities"). As an inducement to
the Purchasers to enter into the Purchase Agreement and in satisfaction of a
condition to the obligations of the Purchasers thereunder, the Partnership
agrees with the Purchasers for the benefit of holders (as defined herein) from
time to time of the Registrable Securities (as defined herein) as follows:

Section 1. Certain Definitions

         For purposes of this Registration Rights Agreement, the following terms
shall have the following respective meanings:

         "broker-dealer" shall mean any broker or dealer registered with the
Commission under the Exchange Act.

         "Business Day" shall mean each Monday, Tuesday, Wednesday, Thursday and
Friday that is not a day on which banking institutions in The City of New York
are authorized or obligated by law, executive order or regulation to close.

         "Closing Date" shall mean the date on which the Securities (as defined
herein) are initially issued.

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         "Commission" shall mean the United States Securities and Exchange
Commission, or any other federal agency at the time administering the Exchange
Act or the Securities Act, whichever is the relevant statute for the particular
purpose.

         "Effective Time", in the case of (i) an Exchange Registration, shall
mean the time and date as of which the Commission declares the Exchange
Registration Statement effective or as of which the Exchange Registration
Statement otherwise becomes effective and (ii) a Shelf Registration, shall mean
the time and date as of which the Commission declares the Shelf Registration
Statement effective or as of which the Shelf Registration Statement otherwise
becomes effective.

         "Electing Holder" shall mean any holder of Registrable Securities that
has returned a completed and signed Notice and Questionnaire to the Partnership
in accordance with Section 3(c)(ii) or 3(c)(iii) hereof.

         "Exchange Act" shall mean the Securities Exchange Act of 1934, or any
successor statute thereto, in each case as amended from time to time.

         "Exchange Offer" shall have the meaning assigned thereto in Section
2(a) hereof.

         "Exchange Registration" shall have the meaning assigned thereto in
Section 3(b) hereof.

         "Exchange Registration Statement" shall have the meaning assigned
thereto in Section 2(a) hereof.

         "Exchange Securities" shall have the meaning assigned thereto in
Section 2(a) hereof.

         "holder" shall mean the Purchasers and each other person who acquires
Registrable Securities from time to time (including any successors or assigns),
in each case for so long as such person owns any Registrable Securities.

         "Indenture" shall mean the Indenture, dated as of August 19, 2002,
between the Partnership and Wachovia Bank, National Association, as Trustee, as
the same shall be amended from time to time.

         "Liquidated Damages" shall have the meaning assigned thereto in Section
2(c) hereof.

         "Liquidated Damages Event" shall have the meaning assigned thereto in
Section 2(c) hereof.

         "NASD" shall mean the National Association of Securities Dealers, Inc.

         "Notice and Questionnaire" means a Notice of Registration Statement and
Selling Securityholder Questionnaire substantially in the form of Exhibit A
hereto.

         "Partnership" shall mean Kinder Morgan Energy Partners, L.P., a
Delaware limited partnership.

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         "person" shall mean any individual, corporation, partnership (whether
general or limited), joint venture, limited liability company, association,
joint stock company, trust, other entity, unincorporated organization or
government or any agency or political subdivision thereof or governmental
agency.

         "Purchase Agreement" shall mean the Purchase Agreement, dated as of
August 14, 2002, between the Partnership and the Purchasers, as the same shall
be amended from time to time.

         "Purchasers" shall mean Salomon Smith Barney Inc., J.P. Morgan
Securities Inc., Wachovia Securities, Inc., RBC Dominion Securities Corporation,
SunTrust Capital Markets, Inc., Banc One Capital Markets, Inc. and Credit
Lyonnais Securities (USA) Inc.

         "Registrable Securities" shall mean each of the Securities of each
series; provided, however, that such Security shall cease to be a Registrable
Security when (i) in the circumstances contemplated by Section 2(a) hereof, the
Security has been exchanged for an Exchange Security of the corresponding series
in an Exchange Offer as contemplated in Section 2(a) hereof (provided, that any
Exchange Security that, pursuant to the last two sentences of Section 2(a)
hereof, is included in a prospectus for use in connection with resales by
broker-dealers shall be deemed to be a Registrable Security until resale of such
Registrable Security has been effected within the 120-day period referred to in
Section 2(a) hereof); (ii) in the circumstances contemplated by Section 2(b)
hereof, a Shelf Registration Statement registering such Security under the
Securities Act has been declared or becomes effective and such Security has been
sold or otherwise transferred by the holder thereof pursuant to and in a manner
contemplated by such effective Shelf Registration Statement; (iii) such Security
is sold pursuant to Rule 144 under circumstances in which any legend borne by
such Security relating to restrictions on transferability thereof, under the
Securities Act or otherwise, is removed by the Partnership or pursuant to the
Indenture; (iv) such Security is eligible to be sold pursuant to paragraph (k)
of Rule 144 (or any similar provision then in effect); or (v) such Security
shall cease to be outstanding.

         "Registration Expenses" shall have the meaning assigned thereto in
Section 4 hereof.

         "Resale Period" shall have the meaning assigned thereto in Section 2(a)
hereof.

         "Restricted Holder" shall mean (i) a holder that is an affiliate of the
Partnership within the meaning of Rule 405 (as defined herein), (ii) a holder
who acquires Exchange Securities outside the ordinary course of such holder's
business, (iii) a holder who has arrangements or understandings with any person
to participate in the Exchange Offer for the purpose of distributing Exchange
Securities and (iv) a holder that is a broker-dealer, but only with respect to
Exchange Securities received by such broker-dealer pursuant to the Exchange
Offer in exchange for Registrable Securities acquired by the broker-dealer
directly from the Partnership.

         "Rule 144(k) Holding Period" shall have the meaning assigned thereto in
Section 2(b) hereof.

         "Rule 144", "Rule 405" and "Rule 415" shall mean, in each case, such
rule promulgated under the Securities Act (or any successor provision), as the
same shall be amended from time to time.

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<PAGE>

         "Securities Act" shall mean the Securities Act of 1933, or any
successor statute thereto, as the same shall be amended from time to time.

         "Securities" shall mean the 2007 Notes and the 2033 Notes to be issued
and sold to the Purchasers.

         "Shelf Registration" shall have the meaning assigned thereto in Section
2(b) hereof.

         "Shelf Registration Statement" shall have the meaning assigned thereto
in Section 2(b) hereof.

         "Trust Indenture Act" shall mean the Trust Indenture Act of 1939, or
any successor statute thereto, and the rules, regulations and forms promulgated
thereunder, all as the same shall be amended from time to time.

         "2007 Notes" shall mean an aggregate of $250,000,000 principal amount
of the Partnership's 5.35% Senior Notes due 2007.

         "2033 Notes" shall mean an aggregate of $375,000,000 principal amount
of the Partnership's 7.30% Senior Notes due 2033.

         Unless the context otherwise requires, any reference herein to a
"Section" or "clause" refers to a Section or clause, as the case may be, of this
Registration Rights Agreement, and the words "herein", "hereof" and "hereunder"
and other words of similar import refer to this Registration Rights Agreement as
a whole and not to any particular Section or other subdivision.

Section 2. Registration Under the Securities Act

         (a) Except as set forth in Section 2(b) below, the Partnership agrees
to use its reasonable efforts to file under the Securities Act, as soon as
practicable, but no later than 120 days after the Closing Date, a single
registration statement relating to an offer to exchange (such registration
statement, the "Exchange Registration Statement" and, such offer with respect to
each series of Securities, an "Exchange Offer") any and all of the Securities of
such series for a like aggregate principal amount of debt securities issued by
the Partnership, which debt securities will be substantially identical to such
Securities of such series tendered by the holders (and will be entitled to the
benefits of a trust indenture that will be substantially identical to the
Indenture or is the Indenture and that will be qualified under the Trust
Indenture Act), except that such new debt securities will have been registered
pursuant to an effective registration statement under the Securities Act, will
not be subject to transfer restrictions or registration rights and will not be
entitled to the benefit of provisions for the Liquidated Damages contemplated in
Section 2(c) below (such new debt securities hereinafter called "Exchange
Securities"). The Partnership agrees to use its reasonable efforts to cause the
Exchange Registration Statement to become effective under the Securities Act as
soon as practicable, but no later than 210 days after the Closing Date. Each
Exchange Offer will be registered under the Securities Act on the appropriate
form and will comply with all applicable tender offer rules and regulations
under the Exchange Act. The Partnership further agrees to use its reasonable
efforts to commence and complete each Exchange Offer promptly, but no later than
45 Business Days after the date on which such Exchange Registration Statement
has become effective, to hold each Exchange Offer

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open for at least 30 days and to exchange the Exchange Securities of each series
for all Registrable Securities of the corresponding series that have been
properly tendered and not withdrawn on or prior to the expiration of the
applicable Exchange Offer. Each Exchange Offer shall be deemed to have been
completed upon the earlier to occur of (i) the Partnership having exchanged
Exchange Securities of the applicable series for all outstanding Registrable
Securities of the corresponding series that are properly tendered and not
withdrawn pursuant to the Exchange Offer and (ii) the Partnership having
exchanged, pursuant to the applicable Exchange Offer, Exchange Securities of the
applicable series for all Registrable Securities of the corresponding series
that have been properly tendered and not withdrawn before the expiration of the
Exchange Offer, which shall be on a date that is at least 30 days following the
commencement of the applicable Exchange Offer. The Partnership agrees (x) to
include in the Exchange Registration Statement a prospectus for use in any
resales by any holder of Exchange Securities that is a broker-dealer and (y) to
keep such Exchange Registration Statement effective for a period (the "Resale
Period") beginning when Exchange Securities are first issued in the Exchange
Offer and ending upon the earlier of the expiration of the 120th day after the
Exchange Offer has been completed or such time as such broker-dealers no longer
own any Registrable Securities. With respect to such Exchange Registration
Statement, such holders shall have the benefit of the rights of indemnification
and contribution set forth in Sections 5(a), (c), (d) and (e) hereof.

         (b) If (i) the Partnership determines that the Exchange Registration
Statement is not available or the Exchange Offers may not be consummated because
they would violate applicable law or the applicable interpretations of the staff
of the Commission, (ii) the Exchange Offers have not been completed within 210
days plus 45 Business Days following the Closing Date or (iii) in the opinion of
counsel for the Purchasers, under applicable law or the applicable
interpretations of the staff of the Commission, the Purchasers are not entitled
to tender Securities in the Exchange Offers or must comply with the registration
and prospectus delivery requirements of the Securities Act in connection with
any offering or sale of Registrable Securities, the Partnership shall, in lieu
of conducting the Exchange Offers contemplated by Section 2(a) hereof, use its
reasonable efforts to file under the Securities Act, as soon as practicable
after the time such obligation to file arises, a "shelf" registration statement
providing for the registration of, and the sale on a continuous or delayed basis
by the holders of, all of the Registrable Securities, pursuant to Rule 415 or
any similar rule that may be adopted by the Commission (such filing, the "Shelf
Registration" and, such registration statement, the "Shelf Registration
Statement"). The Partnership agrees to use its reasonable efforts to cause the
Shelf Registration Statement to become or be declared effective and to keep such
Shelf Registration Statement continuously effective for a period ending on the
earlier of the second anniversary of the Closing Date or, if Rule 144(k) is
amended to provide a shorter restrictive period, such shorter period (the "Rule
144(k) Holding Period") or such time as there are no longer any Registrable
Securities outstanding; provided, however, that no holder shall be entitled to
be named as a selling securityholder in the Shelf Registration Statement or to
use the prospectus forming a part thereof for resales of Registrable Securities
unless such holder is an Electing Holder, and furnishes to the Partnership in
writing, within 20 days after receipt of a request therefor, such information
with respect to such Electing Holder required under Regulation S-K under the Act
as the Partnership may reasonably request for use in connection with any Shelf
Registration Statement or Prospectus or preliminary prospectus included therein.
No Electing Holder shall be entitled to Liquidated Damages pursuant to Section
2(c) hereof unless and until

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<PAGE>

such Electing Holder shall have used its reasonable efforts to provide all such
reasonably requested information. Each Electing Holder as to which any Shelf
Registration Statement is being effected agrees to furnish promptly to the
Partnership all information required to be disclosed in order to make the
information previously furnished to the Partnership by such Electing Holder not
materially misleading. The Partnership further agrees to supplement or make
amendments to the Shelf Registration Statement, as and when required by the
rules, regulations or instructions applicable to the registration form used by
the Partnership for such Shelf Registration Statement or by the Securities Act
or rules and regulations thereunder for shelf registration, and the Partnership
agrees to furnish to each Electing Holder copies of any such supplement or
amendment promptly after its being used following its filing with the
Commission.

         (c) The Partnership agrees to pay liquidated damages (the "Liquidated
Damages") upon the occurrence of any of the following events (each such event, a
"Liquidated Damages Event"):

                  (i) if the Exchange Registration Statement or Shelf
Registration Statement is not filed within 120 days following the Closing Date,
then commencing on the 121st day after the Closing Date, Liquidated Damages
shall accrue on the Securities of each series over and above the otherwise
applicable interest rate at a rate of 0.25% per year; or

                  (ii) if an Exchange Registration Statement or Shelf
Registration Statement is filed and is not declared effective within 210 days
following the Closing Date, then commencing on the 211th day after the Closing
Date, Liquidated Damages shall accrue on the Securities of each series over and
above the otherwise applicable interest rate at a rate of 0.25% per year; or

                  (iii) if either (A) the Partnership has not exchanged Exchange
Securities of a series for all Securities of the corresponding series validly
tendered in accordance with the terms of the applicable Exchange Offer on or
prior to 45 Business Days after the date on which the Exchange Registration
Statement was declared effective, or (B) the Shelf Registration Statement has
been declared effective, but such Shelf Registration Statement ceases to be
effective at any time (I) prior to the expiration of the Rule 144(k) Holding
Period and (II) while Registrable Securities are outstanding, then Liquidated
Damages shall accrue on the Securities of such series over and above the
otherwise applicable interest rate at a rate of 0.25% per year commencing on the
(x) 46th Business Day after such effective date, in the case of (A) above, or
(y) the day the Shelf Registration Statement ceases to be effective, in the case
of (B) above;

provided, however, that the circumstances under which the Partnership may be
required to pay Liquidated Damages are not cumulative and the rate at which
Liquidated Damages accrues on the Securities shall never exceed 0.25% per year;
and, provided further, that Liquidated Damages on the Securities shall cease to
accrue upon the earlier of (i) when all Liquidated Damages Events have been
cured or (ii) upon the expiration of the Rule 144(k) Holding Period. For
purposes of clarifying the foregoing provisions, Liquidated Damages shall not
accrue at any time that there are no Registrable Securities outstanding.

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<PAGE>

         All accrued Liquidated Damages shall be payable, in the manner provided
for the payment of interest in the Indenture and the Securities, on each
applicable Interest Payment Date (as defined in the Indenture).

         (d) The Partnership shall take all actions reasonably necessary to be
taken by it to ensure that the transactions contemplated herein are effected as
so contemplated.

         (e) Any reference herein to a registration statement as of any time
shall be deemed to include any document incorporated, or deemed to be
incorporated, therein by reference as of such time and any reference herein to
any post-effective amendment to a registration statement as of any time shall be
deemed to include any document incorporated, or deemed to be incorporated,
therein by reference as of such time.

Section 3. Registration Procedures

         If the Partnership files a registration statement pursuant to Section
2(a) or Section 2(b) hereof, the following provisions shall apply:

         (a) At or before the Effective Time of the Exchange Registration or the
Shelf Registration, as the case may be, the Partnership shall qualify the
Indenture under the Trust Indenture Act.

         (b) In connection with the Partnership's obligations with respect to
the registration of Exchange Securities as contemplated by Section 2(a) hereof
(the "Exchange Registration"), if applicable, the Partnership shall, as soon as
practicable (or as otherwise specified):

                  (i) use its reasonable efforts to prepare and file with the
         Commission, as soon as practicable, but no later than 120 days after
         the Closing Date, an Exchange Registration Statement on any form that
         may be utilized by the Partnership and that shall permit the Exchange
         Offers and resales of Exchange Securities by broker-dealers during the
         Resale Period to be effected as contemplated by Section 2(a) hereof,
         and use its reasonable efforts to cause such Exchange Registration
         Statement to become effective as soon as practicable thereafter, but no
         later than 210 days following the Closing Date;

                  (ii) as soon as practicable prepare and file with the
         Commission such amendments and supplements to such Exchange
         Registration Statement and the prospectus included therein as may be
         necessary to effect and maintain the effectiveness of such Exchange
         Registration Statement for the periods and purposes contemplated in
         Section 2(a) hereof and as may be required by the applicable rules and
         regulations of the Commission and the instructions applicable to the
         form of such Exchange Registration Statement, and promptly provide each
         broker-dealer holding Exchange Securities with such number of copies of
         the prospectus included therein (as then amended or supplemented), in
         conformity in all material respects with the requirements of the
         Securities Act and the Trust Indenture Act and the rules and
         regulations of the Commission thereunder, as such broker-dealer
         reasonably may request prior to the expiration of the Resale Period,
         for use in connection with resales of Exchange Securities;

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<PAGE>

                  (iii) promptly notify each broker-dealer that has requested or
         received copies of the prospectus included in such registration
         statement and, if requested by such broker-dealer, confirm such advice
         in writing, (A) when such Exchange Registration Statement or the
         prospectus included therein or any prospectus amendment or supplement
         or post-effective amendment has been filed, and, with respect to such
         Exchange Registration Statement or any post-effective amendment, when
         the same has become effective, (B) of any request by the Commission for
         amendments or supplements to such Exchange Registration Statement or
         prospectus or for additional information, (C) of the issuance by the
         Commission of any stop order suspending the effectiveness of such
         Exchange Registration Statement or the initiation or threatening of any
         proceedings for that purpose, (D) of the receipt by the Partnership of
         any notification with respect to the suspension of the qualification of
         the Exchange Securities for sale in any jurisdiction or the initiation
         or threatening of any proceeding for such purpose, or (E) if at any
         time during the Resale Period when a prospectus is required to be
         delivered under the Securities Act, that such Exchange Registration
         Statement, prospectus, prospectus amendment or supplement or
         post-effective amendment does not conform in all material respects to
         the applicable requirements of the Securities Act and the Trust
         Indenture Act and the rules and regulations of the Commission
         thereunder or contains an untrue statement of a material fact or omits
         to state any material fact required to be stated therein or necessary
         to make the statements therein not misleading in light of the
         circumstances then existing;

                  (iv) in the event that the Partnership would be required,
         pursuant to Section 3(b)(iii)(E) above, to notify any broker-dealers
         holding Exchange Securities, it will use its reasonable efforts to
         prepare and furnish to each such holder a reasonable number of copies
         of a prospectus supplemented or amended so that, as thereafter
         delivered to purchasers of such Exchange Securities during the Resale
         Period, such prospectus shall conform in all material respects to the
         applicable requirements of the Securities Act and the Trust Indenture
         Act and the rules and regulations of the Commission thereunder and
         shall not contain an untrue statement of a material fact or omit to
         state a material fact required to be stated therein or necessary to
         make the statements therein not misleading in light of the
         circumstances then existing. Each broker-dealer agrees that upon
         receipt of any notice from the Partnership pursuant to Section
         3(b)(iii)(E) hereof, such broker-dealer shall forthwith discontinue the
         disposition of Exchange Securities pursuant to the Exchange
         Registration Statement applicable to such Exchange Securities until
         such broker-dealer shall have received copies of such amended or
         supplemented prospectus and, if so directed by the Partnership, such
         broker-dealer shall deliver to the Partnership (at the Partnership's
         expense) all copies of the prospectus covering such Exchange Securities
         then in such broker-dealers' possession for the purpose of making
         offers of Exchange Securities;

                  (v) use its reasonable efforts to obtain the withdrawal of any
         order suspending the effectiveness of such Exchange Registration
         Statement or any post-effective amendment thereto at the earliest
         practicable date;

                  (vi) use its reasonable efforts to (A) register or qualify the
         Exchange Securities under the securities laws or blue sky laws of such
         jurisdictions as any holder of Exchange

                                       8
<PAGE>

         Securities shall reasonably request in writing no later than the
         commencement of the Exchange Offers, (B) keep such registrations or
         qualifications in effect and comply with such laws so as to permit the
         continuance of offers, sales and dealings therein in such jurisdictions
         until the expiration of the Resale Period and (C) take any and all
         other actions as may be reasonably necessary to enable each
         broker-dealer holding Exchange Securities to consummate the disposition
         thereof in such jurisdictions under the securities laws or blue sky
         laws of such jurisdictions; provided, however, that the Partnership
         shall not be required for any such purpose to (1) qualify as a foreign
         partnership or as a dealer in securities in any jurisdiction wherein it
         would not otherwise be required to qualify but for the requirements of
         this Agreement, (2) consent to general service of process in any such
         jurisdiction or subject itself to taxation in any such jurisdiction if
         it is not already so subject or (3) make any changes to its certificate
         of limited partnership or its agreement of limited partnership or any
         agreement between it and its unitholders;

                  (vii) use its reasonable efforts to obtain the consent or
         approval of each governmental agency or authority, whether federal,
         state or local, that may be required to effect the Exchange
         Registration, the Exchange Offers and the offering and sale of Exchange
         Securities by broker-dealers during the Resale Period;

                  (viii) provide a CUSIP number for the Exchange Securities, not
         later than the applicable Effective Time; and

                  (ix) comply with all applicable rules and regulations of the
         Commission, and make generally available to its securityholders as soon
         as practicable, but no later than 18 months after the effective date of
         such Exchange Registration Statement, an earnings statement of the
         Partnership and its subsidiaries complying with Section 11(a) of the
         Securities Act (including, at the option of the Partnership, Rule 158
         thereunder).

         As a condition to its participation in the Exchange Offers pursuant to
the terms of this Agreement, each holder shall furnish, upon the request of the
Partnership, prior to the consummation thereof, a written representation to the
Partnership (which may be contained in the letter of transmittal contemplated by
the Exchange Registration) to the effect that (A) it is not an affiliate of the
Partnership, (B) it is not engaged in, and does not intend to engage in, and has
no arrangement or understanding with any person to participate in, a
distribution of the Exchange Securities to be issued in the Exchange Offers and
(C) it is acquiring the Exchange Securities in its ordinary course of business.
In addition, although holders shall otherwise cooperate in the Partnership's
preparation for the Exchange Offers, each holder hereby acknowledges and agrees
that any broker-dealer who purchases the Securities from the Partnership to
resell pursuant to Rule 144A or any other available exemption under the
Securities Act or any holder who is an affiliate of the Partnership or who
intends to use the Exchange Offers to participate in a distribution of the
Exchange Securities to be acquired in the Exchange Offers (1) could not under
Commission policy as in effect on the date of this Agreement rely on the
position of the Commission enunciated in Morgan Stanley and Co., Inc. (available
June 5, 1991) and Exxon Capital Holdings Corporation (available May 13, 1988),
as interpreted in the Commission's letter to Shearman & Sterling dated July 2,
1993, and similar no-action letters, (2) will not be entitled to tender
Securities in the Exchange Offers, and (3) must comply with the registration and
prospectus delivery requirements of the Securities Act in connection with any
sale or transfer

                                       9
<PAGE>

of the Securities unless such sale or transfer is made pursuant to any exemption
from such requirements.

         (c) In connection with the Partnership's obligations with respect to
the Shelf Registration, if applicable, the Partnership shall, as soon as
practicable (or as otherwise specified):

                  (i) use its reasonable efforts to prepare and file with the
         Commission a Shelf Registration Statement on any form that may be
         utilized by the Partnership and that shall register all of the
         Registrable Securities for resale by the holders thereof in accordance
         with such method or methods of disposition as may be specified by such
         of the holders as, from time to time, may be Electing Holders and use
         its reasonable efforts to cause such Shelf Registration Statement to
         become effective;

                  (ii) not less than 30 days prior to the Effective Time of the
         Shelf Registration Statement, mail the Notice and Questionnaire to the
         holders of Registrable Securities; no holder shall be entitled to be
         named as a selling securityholder in the Shelf Registration Statement
         as of the Effective Time, and no holder shall be entitled to use the
         prospectus forming a part thereof for resales of Registrable Securities
         at any time, unless such holder has returned a completed and signed
         Notice and Questionnaire to the Partnership by the deadline for
         response set forth therein; provided, however, holders of Registrable
         Securities shall have at least 20 days from the date on which the
         Notice and Questionnaire is first mailed to such holders to return a
         completed and signed Notice and Questionnaire to the Partnership;

                  (iii) after the Effective Time of the Shelf Registration
         Statement, upon the request of any holder of Registrable Securities
         that is not then an Electing Holder, promptly send a Notice and
         Questionnaire to such holder; provided, that the Partnership shall not
         be required to take any action to name such holder as a selling
         securityholder in the Shelf Registration Statement or to enable such
         holder to use the prospectus forming a part thereof for resales of
         Registrable Securities until such holder has returned a completed and
         signed Notice and Questionnaire to the Partnership; and, provided
         further, that the Partnership shall not be required to file an
         amendment to such Shelf Registration Statement for the sole reason of
         naming such holder as a selling securityholder in the Shelf
         Registration Statement;

                  (iv) as soon as practicable prepare and file with the
         Commission such amendments and supplements to such Shelf Registration
         Statement and the prospectus included therein as may be necessary to
         effect and maintain the effectiveness of such Shelf Registration
         Statement for the period specified in Section 2(b) hereof and as may be
         required by the applicable rules and regulations of the Commission and
         the instructions applicable to the form of such Shelf Registration
         Statement, and furnish to the Electing Holders copies of any such
         supplement or amendment simultaneously with or prior to its being used
         or filed with the Commission;

                  (v) comply with the provisions of the Securities Act with
         respect to the disposition of all of the Registrable Securities covered
         by such Shelf Registration

                                       10
<PAGE>

         Statement in accordance with the intended methods of disposition by the
         Electing Holders provided for in such Shelf Registration Statement;

                  (vi) provide (A) the Electing Holders, (B) the underwriters
         (which term, for purposes of this Registration Rights Agreement, shall
         include a person deemed to be an underwriter within the meaning of
         Section 2(a)(11) of the Securities Act), if any, thereof, (C) any sales
         or placement agent therefor, (D) counsel for any such underwriter or
         agent and (E) not more than one counsel for all the Electing Holders
         the opportunity to participate in the preparation of such Shelf
         Registration Statement, each prospectus included therein or filed with
         the Commission and each amendment or supplement thereto;

                  (vii) for a reasonable period prior to the filing of such
         Shelf Registration Statement, and throughout the period specified in
         Section 2(b) hereof, make available at reasonable times at the
         Partnership's principal place of business or such other reasonable
         place for inspection by the persons referred to in Section 3(c)(vi)
         hereof who shall certify to the Partnership that they have a current
         intention to sell the Registrable Securities pursuant to the Shelf
         Registration such financial and other information and books and records
         of the Partnership, and reasonably cause the officers, employees,
         counsel and independent certified public accountants of the Partnership
         to respond to such inquiries, as shall be reasonably necessary to
         conduct a reasonable investigation within the meaning of Section 11 of
         the Securities Act; provided, however, that each such party shall be
         required to maintain in confidence and not to disclose to any other
         person any information or records considered by the Partnership in good
         faith as being confidential, until such time as (A) such information
         becomes a matter of public record (whether by virtue of its inclusion
         in such Shelf Registration Statement or otherwise), or (B) such person
         shall be required so to disclose such information pursuant to a
         subpoena or order of any court or other governmental agency or body
         having jurisdiction over the matter (subject to the requirements of
         such order, and only after such person shall have given the Partnership
         prompt prior written notice of such requirement), or (C) such
         information is required, as determined by the Partnership in good faith
         and its counsel, to be set forth in such Shelf Registration Statement
         or the prospectus included therein or in an amendment to such Shelf
         Registration Statement or an amendment or supplement to such prospectus
         in order that such Shelf Registration Statement, prospectus, amendment
         or supplement, as the case may be, complies with applicable
         requirements of the federal securities laws and the rules and
         regulations of the Commission thereunder and does not contain an untrue
         statement of a material fact or omit to state therein a material fact
         required to be stated therein or necessary to make the statements
         therein not misleading in light of the circumstances then existing;

                  (viii) promptly notify each of the Electing Holders, any sales
         or placement agent therefor and any underwriter thereof (which
         notification may be made through any managing underwriter that is a
         representative of such underwriter for such purpose) and, if requested
         by such Holders, agents or underwriters, confirm such advice in
         writing, (A) when such Shelf Registration Statement or the prospectus
         included therein or any prospectus amendment or supplement or
         post-effective amendment has been filed, and, with respect to such
         Shelf Registration Statement or any post-effective amendment, when

                                       11
<PAGE>

         the same has become effective, (B) of any request by the Commission for
         amendments or supplements to such Shelf Registration Statement or
         prospectus or for additional information, (C) of the issuance by the
         Commission of any stop order suspending the effectiveness of such Shelf
         Registration Statement or the initiation or threatening of any
         proceedings for that purpose, (D) of the receipt by the Partnership of
         any notification with respect to the suspension of the qualification of
         the Registrable Securities for sale in any jurisdiction or the
         initiation or threatening of any proceeding for such purpose, or (E) if
         at any time when a prospectus is required to be delivered under the
         Securities Act, that such Shelf Registration Statement, prospectus,
         prospectus amendment or supplement or post-effective amendment does not
         conform in all material respects to the applicable requirements of the
         Securities Act and the Trust Indenture Act and the rules and
         regulations of the Commission thereunder or contains an untrue
         statement of a material fact or omits to state any material fact
         required to be stated therein or necessary to make the statements
         therein not misleading in light of the circumstances then existing;

                  (ix) use its reasonable efforts to obtain the withdrawal of
         any order suspending the effectiveness of such Shelf Registration
         Statement or any post-effective amendment thereto at the earliest
         practicable date;

                  (x) if requested by any managing underwriter or underwriters,
         any placement or sales agent or any Electing Holder, promptly
         incorporate in a prospectus supplement or post-effective amendment such
         information as is required by the applicable rules and regulations of
         the Commission and as such managing underwriter or underwriters, such
         agent or such Electing Holder may reasonably propose should be included
         therein relating to the terms of the sale of such Registrable
         Securities, including information with respect to the principal amount
         of Registrable Securities being sold by such Electing Holder or agent
         or to any underwriters, the name and description of such Electing
         Holder, agent or underwriter, the offering price of such Registrable
         Securities and any discount, commission or other compensation payable
         in respect thereof, the purchase price being paid therefor by such
         underwriters and with respect to any other terms of the offering of the
         Registrable Securities to be sold by such Electing Holder or agent or
         to such underwriters; and make all required filings of such prospectus
         supplement or post-effective amendment promptly after notification of
         the matters to be incorporated in such prospectus supplement or
         post-effective amendment;

                  (xi) furnish to each Electing Holder, each placement or sales
         agent, if any, therefor, each underwriter, if any, thereof and the
         respective counsel referred to in Section 3(c)(vi), a copy of such
         Shelf Registration Statement, each such amendment and supplement
         thereto (in each case including all exhibits thereto (in the case of an
         Electing Holder of Registrable Securities, upon request) and documents
         incorporated by reference therein) and such number of copies of such
         Shelf Registration Statement (excluding exhibits thereto and documents
         incorporated by reference therein unless specifically so requested by
         such Electing Holder, agent or underwriter, as the case may be) and of
         the prospectus included in such Shelf Registration Statement (including
         each preliminary prospectus and any summary prospectus), in conformity
         in all material respects with the applicable requirements of the
         Securities Act and the Trust Indenture Act and the rules and
         regulations of the Commission thereunder, and such other documents as
         such

                                       12
<PAGE>

         Electing Holder, agent, if any, and underwriter, if any, may reasonably
         request in order to facilitate the offering and disposition of the
         Registrable Securities owned by such Electing Holder, offered or sold
         by such agent or underwritten by such underwriter and to permit such
         Electing Holder, agent and underwriter to satisfy the prospectus
         delivery requirements of the Securities Act; and the Partnership hereby
         consents to the use of such prospectus (including such preliminary and
         summary prospectus) and any amendment or supplement thereto by each
         such Electing Holder and by any such agent and underwriter, in each
         case in the form most recently provided to such person by the
         Partnership, in connection with the offering and sale of the
         Registrable Securities covered by the prospectus (including such
         preliminary and summary prospectus) or any supplement or amendment
         thereto;

                  (xii) use reasonable efforts to (A) register or qualify the
         Registrable Securities to be included in such Shelf Registration
         Statement under such securities laws or blue sky laws of such
         jurisdictions as any Electing Holder and each placement or sales agent,
         if any, therefor and underwriter, if any, thereof shall reasonably
         request in writing, (B) keep such registrations or qualifications in
         effect and comply with such laws so as to permit the continuance of
         offers, sales and dealings therein in such jurisdictions during the
         period the Shelf Registration is required to remain effective under
         Section 2(b) above, and (C) take any and all other actions as may be
         reasonably necessary to enable each such Electing Holder, agent, if
         any, and underwriter, if any, to consummate the disposition in such
         jurisdictions under the securities laws or blue sky laws of such
         jurisdictions; provided, however, that the Partnership shall not be
         required for any such purpose to (1) qualify as a foreign partnership
         or as a dealer in securities in any jurisdiction wherein it would not
         otherwise be required to qualify but for the requirements of this
         Agreement, (2) consent to general service of process in any such
         jurisdiction or subject itself to taxation in any such jurisdiction if
         it is not already so subject, or (3) make any changes to its
         certificate of limited partnership or its agreement of limited
         partnership or any agreement between it and its unitholders;

                  (xiii) use its reasonable efforts to obtain the consent or
         approval of each governmental agency or authority, whether federal,
         state or local, that may be required to effect the Shelf Registration
         or the offering or sale in connection therewith or to enable the
         selling holder or holders to offer, or to consummate the disposition
         of, their Registrable Securities;

                  (xiv) unless any Registrable Securities shall be in book-entry
         only form, cooperate with the Electing Holders and the managing
         underwriters, if any, to facilitate the timely preparation and delivery
         of certificates representing Registrable Securities to be sold, which
         certificates, if so required by any securities exchange upon which any
         Registrable Securities are listed, shall be penned, lithographed or
         engraved, or produced by any combination of such methods, on steel
         engraved borders, and which certificates shall not bear any restrictive
         legends; and, in the case of an underwritten offering, enable such
         Registrable Securities to be in such denominations and registered in
         such names as the managing underwriters may reasonably request at least
         two Business Days prior to any sale of the Registrable Securities;

                                       13
<PAGE>

                  (xv) provide a CUSIP number for the Registrable Securities,
         not later than the applicable Effective Time;

                  (xvi) in connection with an underwritten offering of
         Registrable Securities, enter into one or more customary underwriting
         agreements, engagement letters, agency agreements, "best efforts"
         underwriting agreements or similar agreements, as appropriate,
         including customary provisions relating to indemnification and
         contribution, and take such other actions in connection therewith as
         any Electing Holders aggregating at least a majority in aggregate
         principal amount of the Registrable Securities at the time outstanding
         (it being understood for purposes of this Agreement that all holders of
         the Registrable Securities shall vote on this and any other matter as a
         single class) shall reasonably request in order to expedite or
         facilitate the disposition of such Registrable Securities;

                  (xvii) in connection with any underwritten offering of
         Registrable Securities pursuant to a Shelf Registration, to the extent
         requested by the underwriters thereof, (A) make such representations
         and warranties to the Electing Holders and the underwriters thereof in
         form, substance and scope as are customarily made in primary
         underwritten offerings of debt securities and covering matters
         including, but not limited to those set forth in the Purchase
         Agreement; (B) obtain an opinion of counsel to the Partnership in
         customary form and covering such matters of the type customarily
         covered by such an opinion in primary offerings of debt securities as
         the underwriters thereof may reasonably request, addressed to such
         underwriters thereof and dated the effective date of such Shelf
         Registration Statement and the date of the closing under the
         underwriting agreement relating thereto) covering the matters
         customarily covered in opinions requested in primary underwritten
         offerings of debt securities (it being agreed that the matters to be
         covered by such opinion may be subject to customary qualifications and
         exceptions and it being understood that opinions that are substantially
         the same as those called for by the Purchase Agreement will be
         satisfactory for these purposes); (C) obtain a "cold comfort" letter or
         "cold comfort" letters from the independent certified public
         accountants of the Partnership addressed to the underwriters thereof,
         dated (i) the effective date of such Shelf Registration Statement and
         (ii) the effective date of any prospectus supplement to the prospectus
         included in such Shelf Registration Statement or post-effective
         amendment to such Shelf Registration Statement that includes unaudited
         or audited financial statements as of a date or for a period subsequent
         to that of the latest such statements included in such prospectus (and,
         if such Shelf Registration Statement contemplates an underwritten
         offering pursuant to any prospectus supplement to the prospectus
         included in such Shelf Registration Statement or post-effective
         amendment to such Shelf Registration Statement that includes unaudited
         or audited financial statements as of a date or for a period subsequent
         to that of the latest such statements included in such prospectus,
         dated the date of the closing under the underwriting agreement relating
         thereto), such letter or letters to be in customary form and covering
         such matters of the type customarily covered by letters of such type;
         (D) deliver such customary documents and certificates, including
         officers' certificates, as may be reasonably requested by the
         underwriters thereof to evidence the accuracy of the representations
         and warranties made pursuant to clause (A) above and the compliance
         with or satisfaction of any agreements or conditions contained in the
         underwriting agreement or other agreement entered into by

                                       14
<PAGE>

         the Partnership; and (E) undertake such obligations relating to expense
         reimbursement, indemnification and contribution as are provided in
         Section 5 hereof;

                  (xviii) notify in writing each holder of Registrable
         Securities of any proposal of any amendment or waiver effected pursuant
         to Section 8(h) hereof, each of which notices shall contain the text of
         the amendment or waiver proposed or effected, as the case may be; and

                  (xix) comply with all applicable rules and regulations of the
         Commission, and make generally available to its securityholders as soon
         as practicable, but in any event not later than 18 months after the
         effective date of such Shelf Registration Statement, an earnings
         statement of the Partnership and its subsidiaries complying with
         Section 11(a) of the Securities Act (including, at the option of the
         Partnership, Rule 158 thereunder).

         (d) In the event that the Partnership would be required, pursuant to
Section 3(c)(viii)(E) above, to notify the Electing Holders, the placement or
sales agent, if any, therefor and the managing underwriters, if any, thereof,
the Partnership shall without any unreasonable delay prepare and furnish to each
of the Electing Holders, to each placement or sales agent, if any, and to each
such underwriter, if any, a reasonable number of copies of a prospectus
supplemented or amended so that, as thereafter delivered to purchasers of
Registrable Securities, such prospectus shall conform in all material respects
to the applicable requirements of the Securities Act and the Trust Indenture Act
and the rules and regulations of the Commission thereunder and shall not contain
an untrue statement of a material fact or omit to state a material fact required
to be stated therein or necessary to make the statements therein not misleading
in light of the circumstances then existing. Each Electing Holder agrees that
upon receipt of any notice from the Partnership pursuant to Section
3(c)(viii)(E) hereof, such Electing Holder shall forthwith discontinue the
disposition of Registrable Securities pursuant to the Shelf Registration
Statement applicable to such Registrable Securities until such Electing Holder
shall have received copies of such amended or supplemented prospectus, and if so
directed by the Partnership, such Electing Holder shall deliver to the
Partnership (at the Partnership's expense) all copies of the prospectus covering
such Registrable Securities then in such Electing Holder's possession for the
purpose of making offers of the Registrable Securities.

         (e) In the event of a Shelf Registration, in addition to the
information required to be provided by each Electing Holder in its Notice and
Questionnaire, the Partnership may require such Electing Holder to furnish to
the Partnership such additional information regarding such Electing Holder and
such Electing Holder's intended method of distribution of Registrable Securities
as may be required in order to comply with the Securities Act. Each such
Electing Holder agrees to notify the Partnership as promptly as practicable of
any inaccuracy or change in information previously furnished by such Electing
Holder to the Partnership or of the occurrence of any event in either case as a
result of which any prospectus relating to such Shelf Registration contains or
would contain an untrue statement of a material fact regarding such Electing
Holder or such Electing Holder's intended method of disposition of such
Registrable Securities or omits to state any material fact regarding such
Electing Holder or such Electing Holder's intended method of disposition of such
Registrable Securities required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances then existing,
and promptly to furnish to the Partnership any additional information required
to correct and update

                                       15
<PAGE>

any previously furnished information or required so that such prospectus shall
not contain, with respect to such Electing Holder or the disposition of such
Registrable Securities, an untrue statement of a material fact or omit to state
a material fact required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances then existing.

         (f) Until the expiration of the Rule 144(k) Holding Period, the
Partnership will not, and will use its reasonable efforts to cause its
"affiliates" (as defined in Rule 144) not to, resell any of the Securities that
have been reacquired by any of them except pursuant to an effective registration
statement under the Securities Act.

Section 4. Registration Expenses

         The Partnership agrees to bear and to pay or cause to be paid promptly
all reasonable expenses incident to the Partnership's performance of or
compliance with this Registration Rights Agreement, including (a) all Commission
and any applicable National Association of Securities Dealers, Inc. ("NASD")
registration, filing and review fees and expenses, including fees and
disbursements of one counsel for the placement or sales agent or underwriters as
a group in connection with such NASD registration, filing and review, (b) all
fees and expenses in connection with the qualification of the Securities for
offering and sale under the state securities and blue sky laws referred to in
Section 3(c)(xii) hereof and determination of their eligibility for investment
under the laws of such jurisdictions as any managing underwriters or the
Electing Holders may reasonably designate, but not the fees and disbursements of
counsel for the Electing Holders or underwriters as a group in connection with
such qualification and determination, (c) all expenses relating to the
preparation, printing, production, distribution and reproduction of each
registration statement required to be filed hereunder, each prospectus included
therein or prepared for distribution pursuant hereto, each amendment or
supplement to the foregoing, the expenses of preparing the Securities for
delivery and the expenses of printing or producing any required underwriting
agreements, agreements among underwriters, selling agreements and blue sky or
legal investment memoranda and all other documents in connection with the
offering, sale or delivery of Securities to be disposed of (including
certificates representing the Securities), (d) messenger, telephone and delivery
expenses incurred by the Partnership, its counsel and auditors relating to the
offering, sale or delivery of Securities and the preparation of documents
referred in clause (c) above, (e) fees and expenses of the Trustee under the
Indenture, any agent of the Trustee and any counsel for the Trustee and of any
collateral agent or custodian, (f) internal expenses (including all salaries and
expenses of the Partnership's officers and employees performing legal or
accounting duties), (g) fees, disbursements and expenses of counsel and
independent certified public accountants of the Partnership (including the
expenses of any opinions or "cold comfort" letters required by or incident to
such performance and compliance), (h) fees, disbursements and expenses of one
counsel for the Electing Holders retained in connection with a Shelf
Registration, as selected by the Electing Holders of at least a majority in
aggregate principal amount of the Registrable Securities held by Electing
Holders (which counsel shall be reasonably satisfactory to the Partnership), (i)
any fees charged by securities rating services for rating the Securities, and
(j) fees, expenses and disbursements of any other persons, including special
experts, retained by the Partnership in connection with such registration
(collectively, the "Registration Expenses"). To the extent that any Registration
Expenses are reasonably incurred, assumed or paid by any holder of Registrable
Securities or

                                       16
<PAGE>

any placement or sales agent therefor or underwriter thereof, the Partnership
shall reimburse such person for the full amount of the Registration Expenses so
incurred, assumed or paid promptly after receipt of a request therefor.
Notwithstanding the foregoing, the holders of the Registrable Securities being
registered shall pay all agency fees and commissions, transfer taxes, if any,
and underwriting discounts and commissions attributable to the sale of such
Registrable Securities and the fees and disbursements of any counsel or other
advisors or experts retained by such holders (severally or jointly), other than
the counsel and experts specifically referred to above.

                                       17
<PAGE>

Section 5. Indemnification

         (a) Indemnification by the Partnership. The Partnership will indemnify
and hold harmless each of the holders of Registrable Securities included in an
Exchange Registration Statement, each of the Electing Holders of Registrable
Securities included in a Shelf Registration Statement and each person who
participates as a placement or sales agent or as an underwriter in any offering
or sale of such Registrable Securities against any losses, claims, damages or
liabilities, joint or several, to which such holder, agent or underwriter may
become subject under the Securities Act or otherwise, insofar as such losses,
claims, damages or liabilities (or actions in respect thereof) arise out of or
are based upon an untrue statement or alleged untrue statement of a material
fact contained in any Exchange Registration Statement or Shelf Registration
Statement, as the case may be, under which such Registrable Securities were
registered under the Securities Act, or any preliminary, final or summary
prospectus contained therein or furnished by the Partnership to any such holder,
Electing Holder, agent or underwriter, or any amendment or supplement thereto,
or arise out of or are based upon the omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the
statements therein not misleading, and will reimburse such holder, such Electing
Holder, such agent and such underwriter for any legal or other expenses
reasonably incurred by them in connection with investigating or defending any
such action or claim as such expenses are incurred; provided, however, that the
Partnership shall not be liable to any such person in any such case to the
extent that any such loss, claim, damage or liability arises out of or is based
upon an untrue statement or alleged untrue statement or omission or alleged
omission made in such registration statement or amendment or supplement thereto,
in reliance upon and in conformity with written information furnished to the
Partnership by such person expressly for use therein; and, provided further,
that the Partnership shall not be liable to any such person, to the extent that
any such losses, claims, damages or liabilities arise out of or are based upon
an untrue statement or alleged untrue statement of a material fact or omission
or alleged omission if either (A)(i) such person was required by law to send or
deliver, and failed to send or deliver, a copy of the prospectus with or prior
to delivery of written confirmation of the sale by such person to the person
asserting the claims from which such losses, claims, damages or liabilities
arise and (ii) the prospectus previously delivered by the Partnership to such
person would have corrected such untrue statement or alleged untrue statement or
omission or alleged omission, (B)(i) such untrue statement or alleged untrue
statement or omission or alleged omission is corrected in an amendment to the
prospectus and (ii) having been previously furnished by or on behalf of the
Partnership with copies of the prospectus as so amended or supplemented, such
person failed to send or deliver a copy of such amendment to the prospectus with
or prior to the delivery of written confirmation of the sale of a Registrable
Security to the person asserting the claim from which such losses, claims,
damages or liabilities arise or (C)(i) such person disposed of Registrable
Securities to the person asserting the claim from which such losses, claims,
damages or liabilities arise pursuant to an Exchange Registration Statement or
Shelf Registration Statement and sent or delivered, or was required by law to
send or deliver, a prospectus to such person in connection with such
disposition, (ii) such person received a suspension notice as provided in
Sections 3(b)(iii)(C) through (E) and 3(c)(viii)(C) through (E) hereof in
writing at least one Business Day prior to the date of such disposition and
(iii) such untrue statement or alleged untrue statement or omission or alleged
omission was the reason for such suspension notice.

                                       18
<PAGE>

         (b) Indemnification by the Holders and any Agents and Underwriters. In
the case of a Shelf Registration pursuant to Section 2(b) hereof, each Electing
Holder and each underwriter who participates as an underwriter in any offering
or sale of Registrable Securities to the Registrable Securities, severally and
not jointly, will (i) indemnify and hold harmless the Partnership, and all other
holders of Registrable Securities, against any losses, claims, damages or
liabilities to which the Partnership or such other holders of Registrable
Securities may become subject, under the Securities Act or otherwise, insofar as
such losses, claims, damages or liabilities (or actions in respect thereof)
arise out of or are based upon an untrue statement or alleged untrue statement
of a material fact contained in such registration statement, or any preliminary,
final or summary prospectus contained therein or furnished by the Partnership to
any such Electing Holder, agent or underwriter, or any amendment or supplement
thereto, or arise out of or are based upon the omission or alleged omission to
state therein a material fact required to be stated therein or necessary to make
the statements therein not misleading, in each case to the extent, but only to
the extent, that such untrue statement or alleged untrue statement or omission
or alleged omission was made in reliance upon and in conformity with written
information furnished to the Partnership by such Electing Holder or underwriter
expressly for use therein, and (ii) reimburse the Partnership for any legal or
other expenses reasonably incurred by the Partnership in connection with
investigating or defending any such action or claim as such expenses are
incurred; provided, however, that no such Electing Holder shall be required to
undertake liability to any person under this Section 5(b) for any amounts in
excess of the dollar amount of the proceeds to be received by such Electing
Holder from the sale of such Electing Holder's Registrable Securities pursuant
to such registration.

         (c) Notices of Claims, Etc. Promptly after receipt by an indemnified
party under subsection (a) or (b) above of written notice of the commencement of
any action, such indemnified party shall, if a claim in respect thereof is to be
made against an indemnifying party pursuant to the indemnification provisions of
or contemplated by this Section 5, notify such indemnifying party in writing of
the commencement of such action; but the omission so to notify the indemnifying
party shall not relieve it from any liability that it may have to any
indemnified party otherwise than under the indemnification provisions of or
contemplated by Section 5(a) or 5(b) hereof. In case any such action shall be
brought against any indemnified party and it shall notify an indemnifying party
of the commencement thereof, such indemnifying party shall be entitled to
participate therein and, to the extent that it shall wish, jointly with any
other indemnifying party similarly notified, to assume the defense thereof, with
counsel reasonably satisfactory to such indemnified party (who shall not, except
with the consent of the indemnified party, be counsel to the indemnifying
party), and, after notice from the indemnifying party to such indemnified party
of its election so to assume the defense thereof, such indemnifying party shall
not be liable to such indemnified party for any legal expenses of other counsel
or any other expenses, in each case subsequently incurred by such indemnified
party, in connection with the defense thereof other than reasonable costs of
investigation. No indemnifying party shall, without the written consent of the
indemnified party, effect the settlement or compromise of, or consent to the
entry of any judgment with respect to, any pending or threatened action or claim
in respect of which indemnification or contribution may be sought hereunder
(whether or not the indemnified party is an actual or potential party to such
action or claim) unless such settlement, compromise or judgment (i) includes an
unconditional release of the indemnified party from all liability arising out of
such action or claim and (ii) does not include a statement as to or an admission
of fault, culpability or a failure to act by or on behalf of any indemnified
party.

                                       19
<PAGE>

         (d) Contribution. If for any reason the indemnification provisions
contemplated by Section 5(a) or Section 5(b) are unavailable to or insufficient
to hold harmless an indemnified party in respect of any losses, claims, damages
or liabilities (or actions in respect thereof) referred to therein, then each
indemnifying party shall contribute to the amount paid or payable by such
indemnified party as a result of such losses, claims, damages or liabilities (or
actions in respect thereof) in such proportion as is appropriate to reflect the
relative fault of the indemnifying party and the indemnified party in connection
with the statements or omissions that resulted in such losses, claims, damages
or liabilities (or actions in respect thereof), as well as any other relevant
equitable considerations. The relative fault of such indemnifying party and
indemnified party shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or omission or
alleged omission to state a material fact relates to information supplied by
such indemnifying party or by such indemnified party, and the parties' relative
intent, knowledge, access to information and opportunity to correct or prevent
such statement or omission. The parties hereto agree that it would not be just
and equitable if contributions pursuant to this Section 5(d) were determined by
pro rata allocation (even if the holders or any agents or underwriters or all of
them were treated as one entity for such purpose) or by any other method of
allocation that does not take account of the equitable considerations referred
to in this Section 5(d). The amount paid or payable by an indemnified party as a
result of the losses, claims, damages, or liabilities (or actions in respect
thereof) referred to above shall be deemed to include any legal or other fees or
expenses reasonably incurred by such indemnified party in connection with
investigating or defending any such action or claim. Notwithstanding the
provisions of this Section 5(d), no holder shall be required to contribute any
amount in excess of the amount by which the dollar amount of the proceeds
received by such holder from the sale of any Registrable Securities (after
deducting any fees, discounts and commissions applicable thereto) exceeds the
amount of any damages that such holder has otherwise been required to pay by
reason of such untrue or alleged untrue statement or omission or alleged
omission, and no underwriter shall be required to contribute any amount in
excess of the amount by which the total price at which the Registrable
Securities underwritten by it and distributed to the public were offered to the
public exceeds the amount of any damages that such underwriter has otherwise
been required to pay by reason of such untrue or alleged untrue statement or
omission or alleged omission. No person guilty of fraudulent misrepresentation
(within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent
misrepresentation. The holders' and any underwriters' obligations in this
Section 5(d) to contribute shall be several in proportion to the principal
amount of Registrable Securities registered or underwritten, as the case may be,
by them and not joint.

         (e) The obligations of the Partnership under this Section 5 shall be in
addition to any liability that the Partnership may otherwise have and shall
extend, upon the same terms and conditions, to each person, if any, who controls
any such holder, Electing Holder, sales agent or underwriter participating in
the sale of Registrable Securities within the meaning of the Securities Act; and
the obligations of the Electing Holders and any agents or underwriters
contemplated by this Section 5 shall be in addition to any liability that the
respective Electing Holder, agent or underwriter may otherwise have and shall
extend, upon the same terms and conditions, to each officer and director of the
Partnership, its general partner or the delegate of its general partner
(including any person who, with his consent, is named in any registration
statement as about to become a director of the Partnership, its general partner
or the delegate of

                                       20
<PAGE>

its general partner) and to each person, if any, who controls the Partnership,
its general partner or the delegate of its general partner within the meaning of
the Securities Act.

Section 6. Underwritten Offerings

         (a) Selection of Underwriters. If any of the Registrable Securities
covered by the Shelf Registration are to be sold pursuant to an underwritten
offering, the managing underwriter or underwriters thereof shall be designated
by Electing Holders holding at least a majority in aggregate principal amount of
the Registrable Securities to be included in such offering, provided, that such
designated managing underwriter or underwriters is or are reasonably acceptable
to the Partnership.

         (b) Participation by Holders. Each holder of Registrable Securities
hereby agrees with each other such holder that no such holder may participate in
any underwritten offering hereunder unless such holder (i) agrees to sell such
holder's Registrable Securities on the basis provided in any underwriting
arrangements approved by the persons entitled hereunder to approve such
arrangements and (ii) completes and executes all questionnaires, powers of
attorney, indemnities, underwriting agreements and other documents reasonably
required under the terms of such underwriting arrangements.

Section 7. Rule 144

         The Partnership covenants to the holders of Registrable Securities that
to the extent it shall be required to do so under the Exchange Act, the
Partnership shall timely file the reports required to be filed by it under the
Exchange Act or the Securities Act (including the reports under Section 13 and
15(d) of the Exchange Act referred to in subparagraph (c)(1) of Rule 144 adopted
by the Commission under the Securities Act), all to the extent required from
time to time to enable such holder to sell Registrable Securities without
registration under the Securities Act within the limitations of the exemption
provided by Rule 144 under the Securities Act, as such Rule may be amended from
time to time, or any similar or successor rule or regulation hereafter adopted
by the Commission. Upon the request of any holder of Registrable Securities in
connection with that holder's sale pursuant to Rule 144, the Partnership shall
advise such holder in writing as to whether the Partnership has complied with
such requirements.

Section 8. Miscellaneous

         (a) No Inconsistent Agreements. The Partnership represents, warrants,
covenants and agrees that, except pursuant to the Partnership Agreement relating
to the Partnership and granted in connection with the acquisition of certain
assets, it has not granted, and shall not grant, registration rights with
respect to Registrable Securities or any other securities that would be
inconsistent with the terms contained in this Registration Rights Agreement.

         (b) Specific Performance. The parties hereto acknowledge that there
would be no adequate remedy at law if the Partnership fails to perform any of
its obligations hereunder and that the Purchasers and the holders from time to
time of the Registrable Securities may be irreparably harmed by any such
failure, and accordingly agree that the Purchasers and such holders, in addition
to any other remedy to which they may be entitled at law or in equity, shall be
entitled to compel specific performance of the obligations of the Partnership
under this

                                       21
<PAGE>

Registration Rights Agreement in accordance with the terms and conditions of
this Registration Rights Agreement, in any court of the United States or any
state thereof having jurisdiction; provided, that, in the case of any terms of
this Registration Rights Agreement for which Liquidated Damages pursuant to
Section 2(c) hereof is expressly provided as a remedy of a violation of such
terms, such Liquidated Damages shall be the sole monetary damages for such
violation.

         (c) Notices. All notices, requests, claims, demands, waivers and other
communications hereunder shall be in writing and shall be deemed to have been
duly given when delivered by hand, if delivered personally or by courier, or
three days after being deposited in the mail (registered or certified mail,
postage prepaid, return receipt requested), or telecopied (when receipt is
acknowledged) as follows: if to the Partnership, One Allen Center, Suite 1000,
500 Dallas Street, Houston, Texas 77002, Attention: Park Shaper, telecopier
number (713) 495-2782 (with a copy to the General Counsel), and, if to a holder,
to the address of such holder set forth in the security register or other
records of the Partnership, or to such other address as the Partnership or any
such holder may have furnished to the other in writing in accordance herewith,
except that notices of change of address shall be effective only upon receipt.

         (d) Parties in Interest. All the terms and provisions of this
Registration Rights Agreement shall be binding upon, shall inure to the benefit
of and shall be enforceable by the parties hereto and the holders from time to
time of the Registrable Securities and the respective successors and assigns of
the parties hereto and such holders; provided, however, that nothing herein
shall be deemed to permit any transfer of Registrable Securities in violation of
this Agreement, the Indenture or applicable law. In the event that any
transferee of any holder of Registrable Securities shall acquire Registrable
Securities, in any manner, whether by gift, bequest, purchase, operation of law
or otherwise, such transferee shall, without any further writing or action of
any kind, be deemed a beneficiary hereof for all purposes and such Registrable
Securities shall be held subject to all of the terms of this Registration Rights
Agreement, and by taking and holding such Registrable Securities such transferee
shall be entitled to receive the benefits of, and be conclusively deemed to have
agreed to be bound by all of the applicable terms and provisions of this
Registration Rights Agreement. If the Partnership shall so request, any such
successor, assign or transferee shall agree in writing to acquire and hold the
Registrable Securities subject to all of the applicable terms hereof.

         (e) Survival. The respective indemnities, agreements, representations,
warranties and each other provision set forth in this Registration Rights
Agreement or made pursuant hereto shall remain in full force and effect
regardless of any investigation (or statement as to the results thereof) made by
or on behalf of any holder of Registrable Securities, any director, officer or
partner of such holder, any agent or underwriter or any director, officer or
partner thereof, or any controlling person of any of the foregoing, and shall
survive delivery of and payment for the Registrable Securities pursuant to the
Purchase Agreement and the transfer and registration of Registrable Securities
by such holder and the consummation of an Exchange Offer.

         (f) Governing Law. This Registration Rights Agreement shall be governed
by and construed in accordance with the laws of the State of New York.

                                       22
<PAGE>

         (g) Headings. The descriptive headings of the several Sections and
paragraphs of this Registration Rights Agreement are inserted for convenience
only, do not constitute a part of this Registration Rights Agreement and shall
not affect in any way the meaning or interpretation of this Registration Rights
Agreement.

         (h) Entire Agreement; Amendments. This Registration Rights Agreement
and the other writings referred to herein (including the Indenture and the form
of Securities) or delivered pursuant hereto that form a part hereof contain the
entire understanding of the parties with respect to its subject matter. This
Registration Rights Agreement supersedes all prior agreements and understandings
between the parties with respect to its subject matter. This Registration Rights
Agreement may be amended and the observance of any term of this Registration
Rights Agreement may be waived (either generally or in a particular instance and
either retroactively or prospectively) only by a written instrument duly
executed by the Partnership and the holders of at least a majority in aggregate
principal amount of the Registrable Securities at the time outstanding (except
with respect to Section 2(c) hereof, which may be amended only with the consent
of each holder of Registrable Securities at the time outstanding). Each holder
of any Registrable Securities at the time or thereafter outstanding shall be
bound by any amendment or waiver effected pursuant to this Section 8(h), whether
or not any notice, writing or marking indicating such amendment or waiver
appears on such Registrable Securities or is delivered to such holder.

         (i) Severability. In the event that any one or more of the provisions
contained herein, or the application thereof in any circumstance, is held
invalid, illegal or unenforceable, the validity, legality and enforceability of
any such provisions in every other respect and of the remaining provisions
contained herein shall not be affected or impaired thereby.

         (j) Counterparts. This agreement may be executed by the parties in
counterparts, each of which shall be deemed to be an original, but all such
respective counterparts shall together constitute one and the same instrument.

                                       23
<PAGE>

         If the foregoing is in accordance with your understanding, please sign
and return to us four counterparts hereof, being one for the Partnership, one
for the Purchasers and one for each counsel, and upon the acceptance hereof by
you, this letter and such acceptance hereof shall constitute a binding agreement
between the Purchasers and the Partnership.

                                       Very truly yours,

                                       KINDER MORGAN ENERGY PARTNERS, L.P.

                                       By:  Kinder Morgan G.P., Inc.,
                                                      its general partner

                                            By:  Kinder Morgan Management, LLC,
                                                 its delegate

                                                 By: /s/ Joseph Listengart
                                                     -------------------------
                                                     Name:  Joseph Listengart
                                                     Title: Vice President,
                                                            General Counsel and
                                                            Secretary

Accepted as of the date hereof:

SALOMON SMITH BARNEY INC.
J.P. MORGAN SECURITIES INC.
WACHOVIA SECURITIES, INC.
RBC DOMINION SECURITIES CORPORATION
SUNTRUST CAPITAL MARKETS, INC.
BANC ONE CAPITAL MARKETS, INC.
CREDIT LYONNAIS SECURITIES (USA) INC.

By:   Salomon Smith Barney Inc.

      By: /s/ Jean Pierre Buyze
          ------------------------
          Name:  Jean Pierre Buyze
          Title: Vice President

                                       24
<PAGE>

                                                                       EXHIBIT A

                       KINDER MORGAN ENERGY PARTNERS, L.P.
                         INSTRUCTION TO DTC PARTICIPANTS
                                [DATE OF MAILING]
                     URGENT -- IMMEDIATE ATTENTION REQUESTED
                         DEADLINE FOR RESPONSE: [DATE]*

         The Depository Trust Company ("DTC") has identified you as a DTC
Participant through which beneficial interests in the 5.35% Senior Notes due
2007 (the "2007 Notes") and 7.30% Senior Notes due 2033 (the "2033 Notes" and
together with the 2007 Notes, the "Securities") of Kinder Morgan Energy
Partners, L.P. (the "Partnership") are held.

         The Partnership is in the process of registering the Securities under
the Securities Act of 1933 for resale by the beneficial owners thereof. In order
to have their Securities included in the registration statement, beneficial
owners must complete and return the enclosed Notice of Registration Statement
and Selling Securityholder Questionnaire.

         It is important that beneficial owners of the Securities receive a copy
of the enclosed materials as soon as possible as their rights to have the
Securities included in the registration statement depend upon their returning
the Notice and Questionnaire by [Deadline For Response]. Please forward a copy
of the enclosed documents to each beneficial owner that holds interests in the
Securities through you. If you require more copies of the enclosed materials or
have any questions pertaining to this matter, please contact Kinder Morgan
Energy Partners, L.P., One Allen Center, Suite 1000, 500 Dallas Street, Houston,
Texas 77002, Attention: General Counsel.

* Not less than 20 calendar days from date of mailing.

                                      A-1
<PAGE>

                       KINDER MORGAN ENERGY PARTNERS, L.P.
                        NOTICE OF REGISTRATION STATEMENT
                                       AND
                      SELLING SECURITYHOLDER QUESTIONNAIRE

                                     [DATE]

         Reference is hereby made to the Registration Rights Agreement (the
"Registration Rights Agreement") between Kinder Morgan Energy Partners, L.P.
(the "Partnership"), and the Purchasers named therein. Pursuant to the
Registration Rights Agreement, the Partnership has filed with the United States
Securities and Exchange Commission (the "Commission") a registration statement
on Form S-3 (the "Shelf Registration Statement") for the registration and resale
under Rule 415 of the Securities Act of 1933, as amended (the "Securities Act"),
of the Partnership's 5.35% Senior Notes due 2007 (the "2007 Notes") and the
Partnership's 7.30% Senior Notes due 2033 (the "2033 Notes" and together with
the 2007 Notes, the "Securities"). A copy of the Registration Rights Agreement
is attached hereto. All capitalized terms not otherwise defined herein shall
have the meanings ascribed thereto in the Registration Rights Agreement.

         Each beneficial owner of Registrable Securities (as defined below) is
entitled to have the Registrable Securities beneficially owned by it included in
the Shelf Registration Statement. In order to have Registrable Securities
included in the Shelf Registration Statement, this Notice of Registration
Statement and Selling Securityholder Questionnaire (the "Notice and
Questionnaire") must be completed, executed and delivered to the Partnership's
counsel at the address set forth herein for receipt ON OR BEFORE [Deadline for
Response]. Beneficial owners of Registrable Securities who do not complete,
execute and return this Notice and Questionnaire by such date (i) will not be
named as selling securityholders in the Shelf Registration Statement and (ii)
may not use the prospectus forming a part thereof for resales of Registrable
Securities.

         Certain legal consequences arise from being named as a selling
securityholder in the Shelf Registration Statement and related prospectus.
Accordingly, holders and beneficial owners of Registrable Securities are advised
to consult their own securities law counsel regarding the consequences of being
named or not being named as a selling securityholder in the Shelf Registration
Statement and related prospectus.

<PAGE>

                                    ELECTION

         The undersigned holder (the "Selling Securityholder") of Registrable
Securities hereby elects to include in the Shelf Registration Statement the
Registrable Securities beneficially owned by it and listed below in Item (3).
The undersigned, by signing and returning this Notice and Questionnaire, agrees
to be bound with respect to such Registrable Securities by the terms and
conditions of this Notice and Questionnaire and the Registration Rights
Agreement, including, without limitation, Section 6 of the Registration Rights
Agreement, as if the undersigned Selling Securityholder were an original party
thereto.

         Upon any sale of Registrable Securities pursuant to the Shelf
Registration Statement, the Selling Securityholder will be required to deliver
to the Partnership and Trustee the Notice of Transfer set forth in Appendix A to
the prospectus and as Exhibit B to the Registration Rights Agreement. The
Selling Securityholder hereby provides the following information to the
Partnership and represents and warrants that such information is accurate and
complete:

<PAGE>

                                  QUESTIONNAIRE

(1)      (a)      Full Legal Name of Selling Securityholder:

         (b)      Full Legal Name of Registered Holder (if not the same as in
                  (a) above) of Registrable Securities Listed in Item (3) below:

         (c)      Full Legal Name of DTC Participant (if applicable and if not
                  the same as (b) above) Through Which Registrable Securities
                  Listed in Item (3) below are Held:

(2)      Address for Notices to Selling Securityholder:

         Telephone:
         Fax:
         Contact Person:

(3)      Beneficial Ownership of Securities:

         Except as set forth below in this Item (3), the undersigned does not
         beneficially own any Securities.

         (a)      Principal amount of Registrable Securities beneficially owned:
                  Title and CUSIP No(s). of such Registrable Securities:

         (b)      Principal amount of Securities other than Registrable
                  Securities beneficially owned:
                  Title and CUSIP No(s). of such other Securities:

         (c)      Principal amount of Registrable Securities that the
                  undersigned wishes to be included in the Shelf Registration
                  Statement:

         (d)      Title and CUSIP No(s). of such Registrable Securities to be
                  included in the Shelf Registration Statement:

(4)      Beneficial ownership of Other Securities of the Partnership:

         Except as set forth below in this Item (4), the undersigned Selling
         Securityholder is not the beneficial or registered owner of any other
         securities of the Partnership, other than the Securities listed above
         in Item (3).

         State any exceptions here:

(5)      Relationships with the Partnership:

         Except as set forth below, neither the Selling Securityholder nor any
         of its affiliates, officers, directors or principal equity holders (5%
         or more) has held any position or office

<PAGE>

         or has had any other material relationship with the Partnership (or its
         predecessors or affiliates) during the past three years.

         State any exceptions here:

(6)      Plan of Distribution:

         Except as set forth below, the undersigned Selling Securityholder
         intends to distribute the Registrable Securities listed above in Item
         (3) only as follows (if at all): Such Registrable Securities may be
         sold from time to time directly by the undersigned Selling
         Securityholder or, alternatively, through underwriters, broker-dealers
         or agents. Such Registrable Securities may be sold in one or more
         transactions at fixed prices, at prevailing market prices at the time
         of sale, at varying prices determined at the time of sale, or at
         negotiated prices. Such sales may be effected in transactions (which
         may involve crosses or block transactions) (i) on any national
         securities exchange or quotation service on which the Registered
         Securities may be listed or quoted at the time of sale, (ii) in the
         over-the-counter market, (iii) in transactions otherwise than on such
         exchanges or services or in the over-the-counter market, or (iv)
         through the writing of options. In connection with sales of the
         Registrable Securities or otherwise, the Selling Securityholder may
         enter into hedging transactions with broker-dealers, which may in turn
         engage in short sales of the Registrable Securities in the course of
         hedging the positions they assume. The Selling Securityholder may also
         sell Registrable Securities short and deliver Registrable Securities to
         close out such short positions, or loan or pledge Registrable
         Securities to broker-dealers that in turn may sell such securities.

         State any exceptions here:

         By signing below, the Selling Securityholder acknowledges that it
         understands its obligation to comply, and agrees that it will comply,
         with the provisions of the Exchange Act and the rules and regulations
         thereunder, particularly Regulation M. In the event that the Selling
         Securityholder transfers all or any portion of the Registrable
         Securities listed in Item (3) above after the date on which such
         information is provided to the Partnership, the Selling Securityholder
         agrees to notify the transferee(s) at the time of the transfer of its
         rights and obligations under this Notice and Questionnaire and the
         Registration Rights Agreement.

         By signing below, the Selling Securityholder consents to the disclosure
         of the information contained herein in its answers to Items (1) through
         (6) above and the inclusion of such information in the Shelf
         Registration Statement and related prospectus. The Selling
         Securityholder understands that such information will be relied upon by
         the Partnership in connection with the preparation of the Shelf
         Registration Statement and related prospectus.

         In accordance with the Selling Securityholder's obligation under
         Section 3(e) of the Registration Rights Agreement to provide such
         information as may be required by law for inclusion in the Shelf
         Registration Statement, the Selling Securityholder agrees to promptly
         notify the Partnership of any inaccuracies or changes in the
         information

<PAGE>

         provided herein that may occur subsequent to the date hereof at any
         time while the Shelf Registration Statement remains in effect. All
         notices hereunder and pursuant to the Registration Rights Agreement
         shall be made in writing, by hand-delivery, first-class mail or air
         courier guaranteeing overnight delivery as follows:

         (i)      To the Partnership:   Park Shaper, Chief Financial Officer
                                        Kinder Morgan Energy Partners, L.P.
                                        One Allen Center
                                        500 Dallas Street, Suite 1000
                                        Houston, Texas 77002

         (ii)     With a copy to:       Gary Orloff
                                        Bracewell & Patterson, L.L.P.
                                        South Tower Pennzoil Place
                                        711 Louisiana, Suite 2900
                                        Houston, Texas 77002-2718

Once this Notice and Questionnaire is executed by the Selling Securityholder and
received by the Partnership's counsel, the terms of this Notice and
Questionnaire, and the representations and warranties contained herein, shall be
binding on, shall inure to the benefit of and shall be enforceable by the
respective successors, heirs, personal representatives and assigns of the
Partnership and the Selling Securityholder (with respect to the Registrable
Securities beneficially owned by such Selling Securityholder and listed in Item
(3) above). This Agreement shall be governed in all respects by the laws of the
State of New York.

         IN WITNESS WHEREOF, the undersigned, by authority duly given, has
caused this Notice and Questionnaire to be executed and delivered either in
person or by its duly authorized agent.

Dated:

                            Selling Securityholder
                            (Print/type full legal name of beneficial owner
                            of Registrable Securities)

                            By:
                                -------------------------------------------

                                     Name:
                                           --------------------------------
                                     Title:
                                            -------------------------------

PLEASE RETURN THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE FOR RECEIPT ON
OR BEFORE [DEADLINE FOR RESPONSE] TO THE PARTNERSHIP'S COUNSEL AT:

<PAGE>

                                                                       EXHIBIT B

                         NOTICE OF TRANSFER PURSUANT TO
                             REGISTRATION STATEMENT

Kinder Morgan Energy Partners, L.P.
c/o Wachovia Bank, National Association
12 East 49th Street, 37th Floor
New York, NY 10017
Attention: Corporate Trust Department

         Re:      Kinder Morgan Energy Partners, L.P. (the "Partnership")
                  5.35% Senior Notes due 2007
                  7.30% Senior Notes due 2033
Dear Sirs:

         Please be advised that ________________ has transferred an aggregate of
$_________ principal amount of the above-referenced 5.35% Senior Notes due 2007
and $_________ principal amount of the above-referenced 7.30% Senior Notes due
2033 pursuant to an effective Registration Statement on Form S-3 (File No.
333-________) filed by the Partnership.

         We hereby certify that the prospectus delivery requirements, if any, of
the Securities Act of 1933, as amended, have been satisfied and that the
above-named beneficial owner of the Securities is named as a "Selling Holder" in
the prospectus dated [date] or in supplements thereto, and that the aggregate
principal amount of the Securities transferred are the Securities listed in such
prospectus opposite such owner's name.

Dated:

                                     Very truly yours,

                                     (Name)

                                     By:

                                     (Authorized Signature)

                                      B-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}]]