SEC Form 5

FORM 5		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0362 Estimated average burden hours per response: 1.0
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported.
X	Form 4 Transactions Reported.

1. Name and Address of Reporting Person* DUNCAN DAN L (Last) (First) (Middle) 2727 NORTH LOOP WEST (Street) HOUSTON TX 77008 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ENTERPRISE PRODUCTS PARTNERS L P [ EPD ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) Chairman
	3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2003
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Units Representing Limited Partnership Interests							112,100,118(1)(2)	I(3)	By EPDH
Common Units Representing Limited Partnership Interests	12/10/2003		J4(4)	427,200	D	$0	0	I(4)	By 1999 Trust
Common Units Representing Limited Partnership Interests							2,278,200(2)	I(5)	By 1998 Trust
Common Units Representing Limited Partnership Interests							2,000,036	I(5)	By 2000 Trust
Common Units Representing Limited Partnership Interests							111,600	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Unit Options - Obligation to Sell	(6)						(7)	(8)	Common Units	1,938,000		1,938,000	I	By EPCO
Class B Special Units	$0						(9)(10)	(9)	Common Units	4,413,549		4,413,549	I	By EPDH

1. Name and Address of Reporting Person* DUNCAN DAN L (Last) (First) (Middle) 2727 NORTH LOOP WEST (Street) HOUSTON TX 77008 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Chairman

1. Name and Address of Reporting Person* ENTERPRISE PRODUCTS CO (Last) (First) (Middle) 2727 NORTH LOOP WEST (Street) HOUSTON TX 77008 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* EPC PARTNERS II INC (Last) (First) (Middle) 300 DELAWARE AVENUE, SUITE 900 (Street) WILMINGTON DE 19801 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) Ent Prod Delaware General

1. Name and Address of Reporting Person* ENTERPRISE PRODUCTS DELAWARE GENERAL LLC (Last) (First) (Middle) 300 DELAWARE AVENUE., 12TH FLOOR (Street) WILMINGTON DE 19801 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Ent Prod Delaware Holdings

1. Name and Address of Reporting Person* ENTERPRISE PRODUCTS DELAWARE HOLDINGS L P (Last) (First) (Middle) 300 DELAWARE AVENUE, 12TH FLOOR (Street) WILMINGTON DE 19801 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These Common Units are owned by Enterprise Products Delaware Holdings L.P. ("EPDH"), an indirect, wholly-owned subsidiary of Enterprise Products Company ("EPCO"). The Reporting Person owns 50.427% of the voting securities of EPCO.

2. This total reflects the transfer of 2,000,000 Common Units by EPDH to the 1998 Trust in December, 2003, a transfer that did not result a change in beneficial ownership, and the purchase in 2003 of 2,699,548 Common Units under the issuer's Distribution Reinvestment Plan.

3. EPDH is an indirect, wholly-owned subsidiary of EPC Partners II, Inc. ("EPCPII"), which is a direct, wholly-owned subsidiary of EPCO. The general partner of EPDH, Enterprise Products Delaware General, LLC, and the the sole limited partner of EPDH, Enterpise Products Delaware Limited, LLC, are both wholly-owned subsidiaries of EPCPII.

4. As reported in the issuer's Form 8-K filed on December 10, 2003, the Reporting Person made a capital contribution of his indirect 1% general partner interest in Enterprise Products Operating L.P., the grantor of the EPOLP 1999 Grantor Trust (the "1999 Trust"), to the issuer on December 10, 2003, resulting in the 1999 Trust being wholly-owned by the issuer and the Reporting Person no longer having a beneficial interest in the 1999 Trust.

5. EPCO is the grantor of the Duncan Family 1998 Trust, formerly the Enterprise Products 1998 Unit Option Plan Trust (the "1998 Trust"); and EPCO is the grantor of the Duncan Family 2000 Trust, formerly the Enterprise Products 2000 Rabbi Trust (the "2000 Trust").

6. Options are issued under the Enterprise Products 1998 Employee Unit Option Plan and are exercisable for Common Units on a one-for-one basis at prices ranging from $7.75 through $24.725.

7. Options have exercise dates ranging from April 2, 2002, through November 30, 2006.

8. Options have expiration dates ranging from September 30, 2009, through Novemer 30, 2012.

9. Class B Special Units may become convertible into Common Units upon receipt of the requisite approval of the issuer's Common Units as required by the New York Stock Exchange.

10. Class B Special Units would be convertible into Common Units on a one-for-one basis.

Remarks:

	John E. Smith, Attorney-in-Fact, on behalf of Dan L. Duncan, EPC Partners II, Inc., Enterprise Products Delaware Holdings L.P. and Enterprise Products Delaware General, LLC, and Assistant Secretary on behalf of Enterprise Proeucts Company.	02/17/2004
	** Signature of Reporting Person	Date
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