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Press Release
Crosstex Energy, Inc. Announces the Filing of a Registration Statement for the Sale of Common Stock
DALLAS--(BUSINESS WIRE)--Oct. 30, 2003--Crosstex Energy, Inc., a Delaware corporation, today announced the filing of a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed underwritten initial public offering of common stock. Crosstex Energy, Inc. owns 54.3% of the limited partner interest, the 2.0% general partner interest and all of the incentive distribution rights in Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company.

The lead manager of the offering is A.G. Edwards & Sons, Inc. The proposed offering will be made only by means of a prospectus. A written prospectus meeting the requirements of Section 10 of the Securities Act of 1933, when available, may be obtained from A.G. Edwards & Sons, Inc. at:

            A.G. Edwards & Sons, Inc.
            One North Jefferson
            St. Louis, MO 63103

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.


Contact:
     Crosstex Energy, Dallas
     Barry E. Davis or William W. Davis, 214-953-9500