JP Energy Partners Announces Second Quarter 2016 Distribution and Timing of Financial Results and Conference Call

JP Energy Partners LP (“JP Energy” or “JPE”) (NYSE:JPEP) announced today
that the Board of Directors of its general partner has declared a cash
distribution for the second quarter of 2016 of $0.325 per unit. This
distribution corresponds to the minimum quarterly distribution of $0.325
per unit, or $1.30 per unit on an annualized basis. The distribution
will be paid on August 12, 2016 to all unitholders of record on August
5, 2016.

JP Energy will release its second quarter 2016 results on Monday, August
8, 2016 after the close of the New York Stock Exchange. This release
will be followed by a conference call for investors at 9:00 a.m. Eastern
Time on Tuesday, August 9, 2016, to discuss JP Energy’s second quarter
2016 results. Hosting the call will be J. Patrick Barley, President and
Chief Executive Officer, and Patrick Welch, Chief Financial Officer.

The call can be accessed live over the telephone by dialing (877)
407-0784, or for international callers, (201) 689-8560. A replay will be
available shortly after the call and can be accessed by dialing (877)
870-5176, or for international callers (858) 384-5517. The passcode for
the replay is 13642197. The replay will be available until August 23,
2016.

Interested parties may also listen to a simultaneous webcast of the
conference call by logging onto JP Energy’s website at www.jpenergypartners.com in
the Investors section. A replay of the webcast will also be available
for approximately 30 days following the call.

Tax Notice

This release serves as qualified notice to nominees as provided for
under Treasury Regulation Section 1.1446-4(b) (4) and (d). Please note
that 100% of JPE's distributions to foreign investors are attributable
to income that is effectively connected with a United States trade or
business. Accordingly, all of JPE's distributions to foreign investors
are subject to federal income tax withholding at the highest effective
tax rate for individuals or corporations, as applicable. Nominees, and
not JPE, are treated as withholding agents responsible for withholding
distributions received by them on behalf of foreign investors.

About JP Energy Partners LP

JP Energy Partners LP (JPEP) is a publicly traded, growth-oriented
limited partnership that owns, operates, develops and acquires a
diversified portfolio of midstream energy assets. Our operations
currently consist of: (i) crude oil pipelines and storage; (ii) refined
products terminals and storage; and (iii) NGL distribution and sales,
which together provide midstream infrastructure solutions for the
growing supply of crude oil, refined products and NGLs in the United
States. To learn more, please visit our website at www.jpenergypartners.com.

Forward-looking statements

This press release includes forward-looking statements within the
meaning of the federal securities laws. Statements that do not relate
strictly to historical or current facts are forward-looking. These
statements contain words such as "possible," "if," "will" and "expect"
and involve risks and uncertainties including, among others, that JPE's
business plans may change as circumstances warrant. When considering
these forward-looking statements, you should keep in mind the risk
factors and other cautionary statements in each of JPE’s documents and
reports filed with the Securities and Exchange Commission. Any
forward-looking statement applies only as of the date on which such
statement is made and JPE undertakes no obligation and does not intend
to correct or update these forward-looking statements to reflect events
or circumstances occurring after this press release except as required
by law. You are cautioned not to place undue reliance on these
forward-looking statements.

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