Page 1 Page 2 Page 3 Page 4Our clients include: • Both issuers and underwriters in initial public offerings and follow-on offerings of debt and equity securities • Private equity funds and other institutional investors in acquiring MLP securities from issuers and selling unitholders and in purchasing assets or structuring joint ventures with MLPs • Issuers, conflicts committees and financial advisors in asset dropdowns, restructurings, management buyouts, acquisitions, asset dispositions, mergers and proxy filings • Companies and institutional investors in establishing private MLPs • Issuers, lenders and investors in syndicated and private financings • MLP issuers in their ongoing corporate and securities work and tax planning OUR ACCOLADES “ They have an outstanding reputation and a strong, deep, varied practice.” “ They are very good at understanding the technical aspects of the tax law, and in assisting with how to apply that law practically. They go one step further than most tax groups.” “ They are very good at knowing what is important and what is not - I always feel like we are being represented on the things that matter. Because of that approach we moved quickly to get good commercial outcomes.” “ High-caliber corporate and securities knowledge across multiple industries.” “ They know how to treat a client and make us feel like our problems are their problems. They are very responsive and it feels like our work is important to them.” —Chambers USA 2014 BAKER BOTTS MASTER LIMITED PARTNERSHIPS Rankings Tier 1 for Corporate Law Tier 1 for Tax Law —U.S. News & World Report’s Best Law Firms 2014 20 Corporate and Tax attorneys recognized as leaders in their field —Chambers USA 2014