FW: Cash Out Indices - December 2001

fyi

-----Original Message-----
From: CustomerNotices, WGPHOU [mailto:WGPHOU.CustomerNotices@Williams.com]
Sent: Friday, January 04, 2002 8:11 AM
Subject: Cash Out Indices - December 2001

January 4, 2002
REVISED

To: Transcontinental Gas Pipe Line Corporation Customers
and Shippers

Re: Cash Out Indices - December 2001 Revised

Below are revised average prices for December, 2001. We apologize for any inconvenience this may have caused.

FT AVG.* BUY SELL
------ ------ ------ ------
Zone 1 2.2570 1.8650 2.6200
Zone 2 2.2840 1.9000 2.6700
Zone 3 2.3110 1.9350 2.7200
Zone 4 2.3239 1.9463 2.7347
Zone 5 2.3810 1.9961 2.7998
Zone 6 2.4272 2.0363 2.8524

IT AVG.* BUY SELL
------ ------ ------ ------
Zone 1 2.2570 1.8650 2.6200
Zone 2 2.2840 1.9000 2.6700
Zone 3 2.3110 1.9350 2.7200
Zone 4 2.3646 1.9870 2.7754
Zone 5 2.5667 2.1818 2.9855
Zone 6 2.7214 2.3305 3.1466

FTG AVG.* BUY SELL
------ ------ ------ ------
Zone 1 2.2570 1.8650 2.6200
Zone 2 2.2840 1.9000 2.6700
Zone 3 2.3110 1.9350 2.7200
Zone 4 2.3917 2.0141 2.8025
Zone 5 2.6905 2.3056 3.1093

AVG.* BUY SELL
------ ------ ------
FTNT 2.3340 1.9600 2.7200

*Revised

For information concerning cash out transactions, please contact
Casilda Vasquez at (713)215-4504 or Orie Harris at (713)215-4390.

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