Exhibit 99.1

For immediate release

Contact: Ryan VanWinkle, Investor Relations, 816-792-7998


                              Ferrellgas Announces
                  Closing of $250 Million Senior Note Offering


     Liberty,  MO (April 20,  2004)--Ferrellgas  Partners,  L.P. (NYSE: FGP) and
Ferrellgas,  L.P.  announced  today that  Ferrellgas  Escrow LLC, a wholly-owned
subsidiary  of  Ferrellgas,   L.P.,  and  Ferrellgas  Finance  Escrow  Corp.,  a
wholly-owned indirect subsidiary of Ferrellgas, L.P., closed a private placement
of $250  million  of 6-3/4%  senior  notes due 2014.  The two  subsidiaries  are
co-obligors  under the senior notes and  received net proceeds of  approximately
$243.5 million from the private  placement based on an offering price of 99.637%
per note and after deducting underwriting discounts and commissions.

     Ferrellgas is one of the nation's  largest retail  marketers of propane and
currently  serves  more than one  million  customers  in 45  states.  Ferrellgas
employees   indirectly  own   approximately  18  million  common  units  of  the
partnership through an employee stock ownership plan.