FW: Cash Out Indices - November 2001

-----Original Message-----
From: CustomerNotices, WGPHOU [mailto:WGPHOU.CustomerNotices@Williams.com]
Sent: Monday, November 26, 2001 1:31 PM
Subject: Cash Out Indices - November 2001

November 26, 2001

To: Transcontinental Gas Pipe Line Corporation Customers
and Shippers

Re: Cash Out Indices - November 2001

FT AVG. BUY SELL
------ ------ ------ ------
Zone 1 2.4525 2.0750 2.9650
Zone 2 2.4863 2.1075 2.9975
Zone 3 2.5200 2.1400 3.0300
Zone 4 2.5338 2.1522 3.0461
Zone 5 2.5950 2.2060 3.1172
Zone 6 2.6445 2.2495 3.1747

IT AVG. BUY SELL
------ ------ ------ ------
Zone 1 2.4525 2.0750 2.9650
Zone 2 2.4863 2.1075 2.9975
Zone 3 2.5200 2.1400 3.0300
Zone 4 2.5745 2.1929 3.0868
Zone 5 2.7807 2.3917 3.3029
Zone 6 2.9387 2.5437 3.4689

FTG AVG. BUY SELL
------ ------ ------ ------
Zone 1 2.4525 2.0750 2.9650
Zone 2 2.4863 2.1075 2.9975
Zone 3 2.5200 2.1400 3.0300
Zone 4 2.6016 2.2200 3.1139
Zone 5 2.9045 2.5155 3.4267

AVG. BUY SELL
------ ------ ------
FTNT 2.5375 2.1500 3.0500

For information concerning cash out transactions, please contact
Casilda Vasquez at (713)215-4504.

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