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