Media Inquiries: Chris Stockton
                 (713) 215-2010
Other Inquiries: Rate Department 1-800-248-0404  Option #7
August 29,2000

To:  Transcontinental Gas Pipe Line Corporation Customers
     and Shippers

Re:  Cash Out Indices - August 2000



    FT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                4.1950        3.8250     4.4600
  Zone 2                4.2475        3.8725     4.5075
  Zone 3                4.3000        3.9200     4.5550
  Zone 4                4.3219        3.9402     4.5781
  Zone 5                4.4171        4.0279     4.6782
  Zone 6                4.4960        4.1006     4.7613

    IT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                4.1950        3.8250     4.4600
  Zone 2                4.2475        3.8725     4.5075
  Zone 3                4.3000        3.9200     4.5550
  Zone 4                4.3538        3.9721     4.6100
  Zone 5                4.5647        4.1755     4.8258
  Zone 6                4.7292        4.3338     4.9945

   FTG                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                4.1950        3.8250     4.4600
  Zone 2                4.2475        3.8725     4.5075
  Zone 3                4.3000        3.9200     4.5550
  Zone 4                4.3749        3.9932     4.6311
  Zone 5                4.6629        4.2737     4.9240

                         AVG.          BUY        SELL
                        ------        ------     ------
  FTNT                  4.3000        3.9300     4.5500


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: L0008291
     Critical Notice: No
      Type of Notice: 6-Other
   Required Response: 5-No Response Required
   Resp By Date/Time: N/A
Notice Eff Date/Time: 08/29/00 07:47:16
Notice End Date/Time: N/A
              Status: 1-Initiate
 Prior Notice Ident.: N/A
____________________________________________________________________________


 - C.DTF