2-12-2016

Phillips 66 Partners Files 2015 Form 10-K

HOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners LP (NYSE: PSXP) (“the Partnership”) has filed its annual report on Form 10-K for the fiscal year ended Dec. 31, 2015, with the Securities and Exchange Commission (SEC). The filing can be viewed through the Partnership’s website at www.phillips66partners.com by selecting the "SEC Filings" link under the "Financial Reports" tab.

Limited partners may request a hard copy of the Partnership’s annual report on Form 10-K, including complete audited financial statements, free of charge. Requests should be submitted in writing to Phillips 66 Partners LP – 2015 Form 10-K, 310 W 5th, PRN-252 Bartlesville, OK 74003.

About Phillips 66 Partners

Headquartered in Houston, Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum product and natural gas liquids pipelines and terminals and other transportation and midstream assets. For more information, visit www.phillips66partners.com.

Source: Phillips 66 Partners LP

Phillips 66 Partners LP

Rosy Zuklic, 832-765-2297 (investors)

rosy.zuklic@p66.com

or

C.W. Mallon, 832-765-2297 (investors)

c.w.mallon@p66.com

or

Dennis Nuss, 832-765-1850 (media)

dennis.h.nuss@p66.com