Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, operates over 5,000 miles of pipeline, 13 processing plants, four fractionators, and approximately 200 natural gas amine-treating plants and dew point control plants. Crosstex currently provides services for over 3.5 Bcf/day of natural gas, or approximately 7.0 percent of marketed U.S. daily production.

Currently, Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) owns the two percent general partner interest, a 37 percent limited partner interest, and the incentive distribution rights of Crosstex Energy, L.P. After the offering, the Corporation will own an approximate 36 percent limited partner interest in the Partnership, including common units and subordinated units, plus its two percent general partner interest. This limited partner ownership interest will be reduced to approximately 35 percent if the underwriters exercise their option to purchase additional common units in full.

The offering is expected to close on December 19, 2007.

The joint book-running managers for the offering are Goldman, Sachs & Co. and Wachovia Securities. When available, a copy of the prospectus supplement and prospectus relating to the offering may be obtained from the following addresses: (i) Goldman, Sachs & Co., 85 Broad Street, New York NY 10004, via fax at 212-902-9316, via e-mail at prospectus-ny@ny.email.gs.com or via phone at 1-866-471-2526 or (ii) Wachovia Securities, Attn: Equity Syndicate, 375 Park Avenue, New York NY 10152 or via e-mail at equity-syndicate@wachovia.com.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering may be made only by means of a prospectus supplement and accompanying base prospectus.