Genesis Energy, L.P. Announces Tender Offer for Any and All of Aggregate Principal Amount of Its 5.750% Senior Notes Due 2021

HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE:GEL) today announced the commencement of a
cash tender offer to purchase any and all of the outstanding aggregate
principal amount of the 5.750% senior unsecured notes due 2021 that we
co-issued with our subsidiary, Genesis Energy Finance Corporation. As of
December 4, 2017, $350,000,000 aggregate principal amount of the notes
were outstanding. The tender offer is being made pursuant to an offer to
purchase and a related letter of transmittal, each dated as of December
4, 2017, and notice of guaranteed delivery. The tender offer will expire
at 5:00 p.m., New York City time, on December 8, 2017, unless extended
(the “Expiration Time”).

Holders of notes that are validly tendered and accepted at or prior to
the Expiration Time will receive in cash the total consideration of
$1,021.25 per $1,000 principal amount of notes, plus any accrued and
unpaid interest up to, but not including, the settlement date.

The tender offer is contingent upon, among other things, our successful
completion of one or more debt financing transactions, including
potential debt securities offerings, in an amount sufficient to fund the
purchase of validly tendered notes accepted for purchase in the tender
offer and to pay all fees and expenses associated with such financing
and the tender offer. The tender offer is not conditioned on any minimum
amount of notes being tendered. We may amend, extend or terminate the
tender offer in our sole discretion.

Tendered notes may be withdrawn at any time prior to the Expiration
Time. This press release is neither an offer to purchase nor a
solicitation of an offer to sell any notes. The tender offer is being
made pursuant to the terms and conditions contained in the offer to
purchase, the related letter of transmittal and the notice of guaranteed
delivery, copies of which may be obtained from D. F. King & Co., Inc.,
the information agent and tender agent for the tender offer, by
telephone at (877) 864-5057 (toll-free) or, for banks and brokers, at
(212) 269-5550 (Banks and Brokers Only) or in writing at D. F. King &
Co., Inc., 48 Wall Street, 22nd Floor, New York, New York 10005,
Attention: Andrew Beck. We may amend, extend or terminate the tender
offer in our sole discretion. Persons with questions regarding the
tender offer should contact the dealer manager, Citigroup Global Markets
Inc., by telephone at (800) 558-3745 (U.S. toll-free) or (212) 723-6106
(call collect).

Copies of the offer to purchase, the related letter of transmittal and
the notice of guaranteed delivery are also available at the following
web address: www.dfking.com/genesis.

Genesis Energy, L.P. is a diversified midstream energy master limited
partnership headquartered in Houston, Texas. Genesis’ operations include
offshore pipeline transportation, sodium minerals and sulfur services,
marine transportation and onshore facilities and transportation.
Genesis’ operations are primarily located in the Gulf Coast region of
the United States, Wyoming and the Gulf of Mexico.

This press release includes forward-looking statements as defined under
federal law. Although we believe that our expectations are based upon
reasonable assumptions, no assurance can be given that our goals will be
achieved, including statements related to the tender offer. Actual
results may vary materially. We undertake no obligation to publicly
update or revise any forward-looking statement.

Contacts

Genesis Energy, L.P.
Bob Deere, 713-860-2516
Chief Financial
Officer