---------------------- Forwarded by Chris Germany/HOU/ECT on 02/26/2001 11:45 
AM ---------------------------


"CustomerNotices, WGPHOU" <WGPHOU.CustomerNotices@Williams.com> on 02/26/2001 
11:36:53 AM
To: 
cc:  
Subject: Transco - Cash Out Indices - February, 2001



Media Inquiries: Chris Stockton
                 (713) 215-2010
Other Inquiries: Rate Department 1-800-248-0404 Option #7
February 26, 2001

To:  Transcontinental Gas Pipe Line Corporation Customers
     and Shippers

Re:  Cash Out Indices - February 2001



    FT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                5.5263        5.0150     5.9350
  Zone 2                5.5656        5.0525     6.0050
  Zone 3                5.6050        5.0900     6.0750
  Zone 4                5.6328        5.1155     6.1050
  Zone 5                5.7535        5.2261     6.2348
  Zone 6                5.8537        5.3179     6.3426

    IT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                5.5263        5.0150     5.9350
  Zone 2                5.5656        5.0525     6.0050
  Zone 3                5.6050        5.0900     6.0750
  Zone 4                5.6631        5.1458     6.1353
  Zone 5                5.8937        5.3663     6.3750
  Zone 6                6.0751        5.5393     6.5640

   FTG                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                5.5263        5.0150     5.9350
  Zone 2                5.5656        5.0525     6.0050
  Zone 3                5.6050        5.0900     6.0750
  Zone 4                5.6832        5.1659     6.1554
  Zone 5                5.9869        5.4595     6.4682

                         AVG.          BUY        SELL
                        ------        ------     ------
  FTNT                  5.6450        5.1300     6.1000


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

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

--------------------------ADDITIONAL X12 INFORMATION------------------------
Trans. Svc. Provider: 007933021 - TRANSCONTINENTAL GAS PIPE LINE CORPORATION
   Notice Identifier: L0102261
     Critical Notice: No
      Type of Notice: 6-Other
   Required Response: 5-No Response Required
   Resp By Date/Time: N/A
Notice Eff Date/Time: 02/26/01 11:32:05
Notice End Date/Time: N/A
              Status: 1-Initiate
 Prior Notice Ident.: N/A
____________________________________________________________________________

 - C.DTF