Exhibit 99.1
(CROSSTEX DELIVERING SUCCESS LOGO)
FOR IMMEDIATE RELEASE
JULY 24, 2008
     
Investor Contact:
  Crystal C. Bell, Investor Relations Specialist
 
  Phone: (214) 721-9407
 
  Chris.Bell@CrosstexEnergy.com
Media Contact:
  Jill McMillan, Manager, Public & Industry Affairs
 
  Phone: (214) 721-9271
 
  Jill.McMillan@CrosstexEnergy.com
CROSSTEX DECLARES QUARTERLY DISTRIBUTION AND DIVIDEND
DALLAS, July 24, 2008 — The Crosstex Energy companies today announced the declaration of the quarterly distribution for Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and the quarterly dividend for Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation):
  •   The quarterly distribution on the Partnership’s common units will increase from $0.62 per unit to $0.63 per unit, payable August 15 to unitholders of record August 4.
 
  •   The quarterly dividend on the Corporation’s common stock will increase from $0.36 per share to $0.38 per share, payable August 15 to stockholders of record August 4.
About the Crosstex Energy Companies
Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, operates over 5,000 miles of pipeline, 12 processing plants, four fractionators, and approximately 190 natural gas aminetreating plants and dew-point control plants. Crosstex currently provides services for over 3.5 billion cubic feet per day of natural gas, or approximately seven percent of marketed U.S. daily production.
Crosstex Energy, Inc. owns the two percent general partner interest, a 34 percent limited partner interest, and the incentive distribution rights of Crosstex Energy, L.P.
Additional information about the Crosstex companies can be found at www.crosstexenergy.com.
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included herein constitute forward-looking statements. Although the companies believe that the expectations reflected in the forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct.
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