Cashouts for Jan

Since we are suppose to be using IT, I would say Doyle's cashout should be
$7.611, the IT buy in zone 6. You sure are a buddy, why don't you send me an
updated doyle sheet?

Media Inquiries: Chris Stockton
(713) 215-2010
Other Inquiries: Rates Department 1-800-248-0404 Option #7
January 29, 2001

To: Transcontinental Gas Pipe Line Corporation Customers
and Shippers

Re: Cash Out Indices - January 2001

FT AVG. BUY SELL
------ ------ ------ ------
Zone 1 8.6360 7.0600 9.6350
Zone 2 8.6855 7.0650 9.7200
Zone 3 8.7350 7.0700 9.8050
Zone 4 8.7770 7.1045 9.8518
Zone 5 8.9588 7.2537 10.0546
Zone 6 9.1100 7.3778 10.2232

IT AVG. BUY SELL
------ ------ ------ ------
Zone 1 8.6360 7.0600 9.6350
Zone 2 8.6855 7.0650 9.7200
Zone 3 8.7350 7.0700 9.8050
Zone 4 8.8089 7.1364 9.8837
Zone 5 9.1064 7.4013 10.2022
Zone 6 9.3432 7.6110 10.4564

FTG AVG. BUY SELL
------ ------ ------ ------
Zone 1 8.6360 7.0600 9.6350
Zone 2 8.6855 7.0650 9.7200
Zone 3 8.7350 7.0700 9.8050
Zone 4 8.8300 7.1575 9.9048
Zone 5 9.2046 7.4995 10.3004

AVG. BUY SELL
------ ------ ------
FTNT 8.7580 7.1200 9.7700

For information concerning cash out transactions, please contact
Orie Harris at (713)215-4390.

Stella Yu
Manager - Rate Systems
(713)215-3381