X0303 4 2009-01-15 0 0000879575 TERRA NITROGEN CO L P /DE TNH 0001230231 MEYER FRANCIS G 600 FOURTH STREET P.O. BOX 6000 SIOUX CITY IA 51102-6000 1 0 0 0 Phantom Unit 0.00 2009-01-15 4 A 0 1012.87 104.6533 A Phantom Unit 1012.87 1012.87 D Phantom Unit 0.00 2009-02-27 4 A 0 24.71 121.75 A Phantom Unit 24.71 1037.58 D These units represent outside director's phantom unit awards under the Company's deferred compensation plan for outside directors, and are awarded each January 15. The units along with accrued distributions are settled in cash on a one-for-one basis with the Company's common units one year following the data of award. These units represent cash distribution equivalents on the compensation plan for outside directors. The units are settled in cash on January 15th of each calendar year. John W. Huey, by Power of Attorney for Francis G. Meyer 2009-03-03