Summary of NUSTAR GP HOLDINGS, LLC

Item 7.01 Regulation FD Disclosure.

On May 1, 2009, NuStar GP Holdings, LLC (the "Company") mailed materials to its unitholders that contain financial information on the Company as of December 31, 2008 and other investor-related news ("Unitholder Communication"). A copy of these materials is included in Exhibit 99.1 to this report and incorporated herein by reference. The Unitholder Communication is also available at the Company's website at www.nustargp.com.

The information in this report is being furnished, not filed, pursuant to Regulation FD. Accordingly, the information in Items 7.01 and 9.01 of this report will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this report is not intended to, and does not, constitute a determination or admission by the Company that the information in this report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company or any of its affiliates.

Safe Harbor Statement

Statements contained in the exhibit to this report state the Company's or its management's expectations or predictions of the future and are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. Factors that could affect those results include those mentioned in the documents that the Company has filed with the Securities and Exchange Commission.