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Exhibit 1

Exhibit 1: Limited Partnership Sales
1970 to 1995
(in millions of dollars)
Public Sales
Year Nontraded MLPs Total Private Sales Total LP Sales
1970 $304 $ — $304 $203 $507
1971 411 — 411 274 685
1972 493 — 493 328 821
1973 487 — 487 324 811
1974 408 — 408 272 680
1975 407 — 407 362 769
1976 506 — 506 337 843
1977 881 — 881 587 1,468
1978 1,259 — 1,259 839 2,098
1979 1,781 — 1,781 1,337 3,118
1980 2,901 — 2,901 1,933 4,834
1981 4,884 — 4,884 3,256 8,140
1982 5,510 — 5,510 3,963 9,473
1983 8,347 — 8,347 7,360 15,707
1984 8,190 211 8,401 10,497 18,898
1985 9,984 1,565 11,549 7,502 19,051
1986 10,663 2,475 13,138 3,118 16,256
1987 10,673 2,867 13,540 1,500* 15,040
1988 9,683 771 10,454 2,000* 12,454
1989 6,995 615 7,610 1,400* 9,010
1990 3,713 331 4,044 1,000* 5,044
1991 2,410 366 2,776 900* 3,676
1992 2,126 448 2,574 * 2,574
1993 1,641 498 2,139 * 2,139
1994 1,156 564 1,720 * 1,720
1995 993 514 1,507 * 1,507
*The Securities and Exchange Commission no longer requires the filing of closed sales on form D.

Source:
Public sales: Robert A. Stanger & Co.
Private sales: Form D filings with the SEC as compiled by Robert A. Stanger & Co.

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