Penn Virginia GP Holdings, L.P. Declares Increased Quarterly Distribution

The Board of Directors of PVG GP, LLC, the general partner of Penn Virginia GP Holdings, L.P. (NYSE:PVG), today declared a quarterly distribution of $0.34 per unit or $1.36 per unit on an annualized basis. This quarterly distribution represents a $0.02 per unit, or 6.3%, increase over the $0.32 per unit distribution paid in the prior quarter and a 30.8% increase over the $1.04 per unit annualized distribution paid in the same quarter of 2007. The quarterly distribution covers the period January 1 through March 31, 2008, and is payable on May 20, 2008 to unitholders of record on May 5, 2008.

Headquartered in Radnor, PA, Penn Virginia GP Holdings, L.P. (NYSE:PVG) is a publicly traded limited partnership formed to own the general partner interest, all of the incentive distribution rights and approximately 42 percent of the limited partner interests in Penn Virginia Resource Partners, L.P. (NYSE:PVR), a manager of coal and natural resource properties and related assets and the operator of a midstream natural gas gathering and processing business. For more information, please visit PVG’s website at www.pvgpholdings.com