DCP Midstream Partners LP

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DCP Midstream Presents $20,000 in National Employee Student Scholarship

                       DCP MIDSTREAM PRESENTS $20,000 IN


DENVER, May 12, 2014 - Eight outstanding students are recipients of this year's
DCP Midstream Employee Scholarship. These high school seniors, who are children
of DCP employees, will each receive the $2,500 Employee Scholarship for their
full-time studies at an accredited institution of their choice.

"We're thrilled that DCP can play a supporting role contributing to these
students' academic and career goals," said Roz Elliott, vice president of public
affairs and investor relations. "Not only does their achievement reflect their
personal initiative and effort, but also it says a lot about the support they
have received from their family and community in nurturing their development.
That's a lot to celebrate."

Since 2004, DCP Midstream, LLC has assisted more than 60 DCP families with
student scholarships totaling more than a half million dollars as a way to
invest in the community, employees and the country's future workforce.

"The employee scholarship program is one way we support education to encourage
the next generation to be able to achieve their goals," Elliott said. "We also
provide technical energy scholarships annually to students going back to school
or seeking their first role. And we are playing a much bigger role in supporting
veterans returning to the workforce."

The 2014 recipients in the DCP Midstream Employee Scholarship Program are:

Briana Egger, majoring in biology at Southwestern Oklahoma State University in
Weatherford, Oklahoma.

McKenzey Hanna, majoring in apparel and textiles at Kansas State University in
Manhattan, Kansas.

Kaitlyn King, pre-med at the University of Oklahoma in Norman, Oklahoma.

Kevin Olson, majoring in petroleum engineering at the Colorado School of Mines
in Golden, Colorado.

Zachary Ratkus, majoring in mechanical engineering at The Ohio State University.

Bailey Reistad, studying nursing at the University of Texas at Tyler in Tyler,

Beau Harrison, majoring in health and physical education at a university of his

Connor Whiteside, majoring in chemical engineering at Texas A&M University in
College Station, Texas.

Scholarships are renewable up to three years and are awarded on academic
achievement, demonstrated leadership and participation in school and community
activities, honors, work experience, statement of goals and future aspirations,
unusual personal or family circumstances, and an outside appraisal.

  MEDIA CONTACT:   Lisa Newkirk

  Phone:           303-605-1837

  24-Hour:         303-829-1953

  Website:         www.dcpmidstream.com

DCP Midstream, LLC leads the midstream segment as the largest natural gas
processor, the largest natural gas liquids producer and one of the largest
marketers in the U.S. DCP Midstream operates in 17 states across major producing
regions. The company is a 50:50 joint venture between Phillips 66 and Spectra
Energy. It owns the general partner of DCP Midstream Partners, LP (NYSE: DPM), a
master limited partnership, and provides operational and administrative support
to the partnership. DCP Midstream is the largest oil and gas company and the
largest private company in Denver, the city of its headquarters, and is the Top
Company Winner for Energy/Natural Resources in Colorado as recognized by
ColoradoBiz. For more information, visit the DCP Midstream website at

This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: DCP Midstream Partners LP via GlobeNewswire

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