X0306 4 2012-12-12 0 0001367064 EXTERRAN PARTNERS, L.P. EXLP 0001013065 AUSTIN WILLIAM M 16666 NORTHCHASE DRIVE HOUSTON TX 77060 1 1 0 0 Senior Vice President Common Units 2012-12-12 4 M 0 4657 0 A 4657 D Common Units 2012-12-12 4 S 0 466 20.7850 A 4191 D Common Units 2012-12-12 4 F 0 1465 21.05 D 2726 D Phantom Units with tandem DERs 2012-12-12 4 M 0 4657 0 D Common Units 4657 9314 D This transaction represents the vesting of one-third of the phantom units with tandem Distribution Equivalent Rights (DERs) granted to the reporting person under the Exterran Partners, L.P. Long-Term Incentive Plan (EXLP LTIP). Each phantom unit vested in the form of a common unit. The vested DERs were paid in cash pursuant to the award agreement. Pursuant to applicable SEC reporting requirements, the settlement of the phantom units in exchange for common units of EXLP is reported on this Form 4 as a disposition of the phantom units being settled and a simultaneous acquisition of the underlying common units. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 13, 2012. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.71 to $20.86, inclusive. The reporting person undertakes to provide to Exterran Partners, L.P. (EXLP), any security holder of EXLP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Issuer withheld the maximum allowable units to satisfy the tax withholding obligations associated with the vesting of phantom units. Susan G. Miller, Attorney-in-fact 2012-12-14