---------------------- Forwarded by Chris Germany/HOU/ECT on 04/30/2001 03:11 
PM ---------------------------


"CustomerNotices, WGPHOU" <WGPHOU.CustomerNotices@Williams.com> on 04/30/2001 
02:57:55 PM
To: "Alatorre, Hector" <Hector.X.Alatorre@Williams.com>, "Alvarado, Orlando" 
<Orlando.Alvarado@Williams.com>, "Ambler, Margie"  
<Margie.A.Ambler@Williams.com>, "Anderson, Toi"  
<Toi.L.Anderson@Williams.com>, "Avioli, James"  
<James.P.Avioli@Williams.com>, "Beaty, Beverly"  
<Beverly.B.Beaty@Williams.com>, "Blodgett, Kerry"  
<Kerry.D.Blodgett@Williams.com>, "Bowman, Terri"  
<Terri.K.Bowman@Williams.com>, "Buhrke, Cathy"  
<Cathy.L.Buhrke@Williams.com>, "Catlett, Laurie"  
<Laurie.E.Catlett@Williams.com>, "Conley, Allan"  
<Allan.A.Conley@Williams.com>, "Cortez, Diama"  
<Diama.M.Cortez@Williams.com>, "Cox, Ann" <Ann.M.Cox@Williams.com>, 
"Cunningham, Larry" <Larry.G.Cunningham@Williams.com>, "Dees, Debra"  
<Debra.J.Dees@Williams.com>, "Doyle, Ronald"  <Ronald.C.Doyle@Williams.com>, 
"Eaton, John" <John.W.Eaton@Williams.com>, "Egner, Paul" 
<Paul.F.Egner@Williams.com>, "Fitch, Terry"  <Terry.C.Fitch@Williams.com>, 
"Flores, Gloria"  <Gloria.A.Flores@Williams.com>, "Gallerano, John"  
<John.Gallerano@Williams.com>, "Gensler, Quentin"  
<Quentin.G.Gensler@Williams.com>, "Hargrove, Nancy"  
<Nancy.J.Hargrove@Williams.com>, "Heiser, Suzanne"  
<Suzanne.J.Heiser@Williams.com>, "Helburg, Charles"  
<Charles.J.Helburg@Williams.com>, "Higginbotham, Keith"  
<Keith.A.Higginbotham@Williams.com>, "Hungate, Cynthia"  
<Cynthia.L.Hungate@Williams.com>, "Immer, Ingrid"  
<Ingrid.Immer@Williams.com>, "Kelley, James"  <James.A.Kelley@Williams.com>, 
"Kelley, Nancy"  <Nancy.D.Kelley@Williams.com>, "King, Mable" 
<Mable.D.King@Williams.com>, "Kleiner, Margaret" 
<Margaret.E.Kleiner@Williams.com>, "Laird, Mary"  
<Mary.A.Laird@Williams.com>, "Laughlin, Helen"  
<Helen.M.Laughlin@Williams.com>, "Laurel, Liz"  <Liz.X.Laurel@Williams.com>, 
"Lindloff, Monty"  <Monty.R.Lindloff@Williams.com>, "Loggins, Kenneth"  
<Kenneth.E.Loggins@Williams.com>, "Lowrey, Roseanne"  
<Roseanne.A.Lowrey@Williams.com>, "McCauley, Laurie"  
<Laurie.L.McCauley@Williams.com>, "Monley, John"  
<John.M.Monley@Williams.com>, "Mott, Louella"  <Loella.G.Mott@Williams.com>, 
"Muenster, Kay"  <Kay.Muenster@Williams.com>, "Nguyen, Michelle"  
<Michelle.M.Nguyen@Williams.com>, "Payne, Leon"  <Leon.M.Payne@Williams.com>, 
"Prevott, Rose"  <Rose.M.Prevott@Williams.com>, "Prodoehl, Paul"  
<Paul.J.Prodoehl@Williams.com>, "Ramos, J Linda"  
<J.Linda.Ramos@Williams.com>, "Ramos, Mary" <Mary.E.Ramos@Williams.com>, 
"Roberts, Jan" <Jan.Roberts@Williams.com>, "Robertson, Constance"  
<Constance.A.Robertson@Williams.com>, "Rush, Russell"  
<Russell.H.Rush@Williams.com>, "Scott, Mark" <Mark.A.Scott@Williams.com>, 
"Shaull, Barbara" <Barbara.G.Shaull@Williams.com>, "Silvas, Elizabeth"  
<Elizabeth.V.Silvas@Williams.com>, "Sirois, Jeannette"  
<Jeannette.Sirois@Williams.com>, "Smith, Elsie"  
<Elsie.F.Smith@Williams.com>, "Swanson, Debbe"  
<Debbe.T.Swanson@Williams.com>, "Symmank, Robert"  
<Robert.P.Symmank@Williams.com>, "Taylor, Charles"  
<Charles.A.Taylor@Williams.com>, "Wahlstrom, Scottie"  
<Scottie.J.Wahlstrom@Williams.com>, "Walleck, Lynn"  
<Lynn.A.Walleck@Williams.com>, "Watson-Combre, Cassandra"  
<Cassandra.X.Watson-Combre@Williams.com>
cc:  
Subject: Cash Out Indices - April 2001


April 30, 2001

To:  Transcontinental Gas Pipe Line Corporation Customers
     and Shippers

Re:  Cash Out Indices - April 2001



    FT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                5.1050        4.8400     5.2750
  Zone 2                5.1520        4.8900     5.3075
  Zone 3                5.1990        4.9400     5.3450
  Zone 4                5.2251        4.9649     5.3717
  Zone 5                5.3396        5.0744     5.4891
  Zone 6                5.4323        5.1631     5.5841

    IT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                5.1050        4.8400     5.2750
  Zone 2                5.1520        4.8900     5.3075
  Zone 3                5.1990        4.9400     5.3450
  Zone 4                5.2553        4.9951     5.4019
  Zone 5                5.4794        5.2142     5.6289
  Zone 6                5.6532        5.3840     5.8050

   FTG                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                5.1050        4.8400     5.2750
  Zone 2                5.1520        4.8900     5.3075
  Zone 3                5.1990        4.9400     5.3450
  Zone 4                5.2754        5.0152     5.4220
  Zone 5                5.5726        5.3074     5.7221

                         AVG.          BUY        SELL
                        ------        ------     ------
  FTNT                  5.2120        4.9500     5.3800


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

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


 - C.DTF