X0201 5 2003-12-31 0 0 0 0001179060 CROSSTEX ENERGY LP XTEX 0001209818 DAVIS WILLIAM W 2501 CEDAR SPRINGS SUITE 600 DALLAS TX 75201 0 1 0 0 Exec VP & CFO Common units representing limited partnership interests 2668 I By Crosstex Holdings, L.P. See Footnote Common Units representing limited partnership interests 37399 37399 I By Crosstex Holdings, L.P. These securities were issued to Crosstex Energy, Inc. (formerly known as Crosstex Energy Holdings Inc.) upon the closing of the Issuer's initial public offering December 17, 2002. Crosstex Energy, Inc. assigned ownership of these securities to Crosstex Holdings, L.P., an indirect wholly-owned subsidiary of Crosstex Energy, Inc., in October, 2003. Crosstex Energy, Inc. indirectly owns Crosstex Holdings, L.P. Crosstex Holdings, L.P. directly owns Crosstex Energy GP, LLC. In addition, Crosstex Holdings, L.P. owns 330,000 of the Issuer's common units representing limited partnership interests and 4,677,000 of the Issuer's subordinated units representing limited partnership interests. Mr. Davis beneficially owns securities in Crosstex Holdings, L.P., representing 0.80% of the voting power thereof. As a result, Mr. Davis may be deemed to be the beneficial owner of a portion of the common units and subordinated units owned by Crosstex Energy, Inc. Mr. Davis disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the inclusion of these securities shall not be deemed an admission of beneficial ownership of all of the securities held by Crosstex Holdings, L.P. for purposes of Section 16 or for any other purpose. Subordinated units representing limited partnership interests The subordination period will end once the financial tests in the Issuer's partnership agreement are met. When the subordination period ends, each remaining subordinated unit will convert into one common unit. William W. Davis is the Executive Vice President and Chief Financial Officer of Crosstex Energy GP, LLC, the general partner of Crosstex Energy GP, L.P., which owns a 2% general partner interest in the Issuer. /s/ William W. Davis 2004-02-17