Northwest Pipeline and Transco Announce Expiration of Exchange Offers

Northwest Pipeline and Transco Announce Expiration of Exchange Offers

Northwest Pipeline GP, a majority owned subsidiary of Williams, and Transcontinental Gas Pipe Line Corp., a wholly owned subsidiary of Williams, today announced the expiration of exchange offers for certain of their outstanding notes at 5 p.m. EDT.

Northwest announced that 100 percent of its privately placed outstanding 6.05-percent senior notes due 2018 were tendered and will be exchanged for newly registered 6.05-percent senior notes due 2018.

Transco also announced that 100 percent of its privately placed outstanding 6.05-percent senior notes due 2018 were tendered and will be exchanged for newly registered 6.05-percent senior notes due 2018.

The terms of the new senior notes are substantially identical to the terms of the outstanding senior notes, except that provisions relating to transfer restrictions, registration rights and additional interest will not apply to the new notes.

Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams’ operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and Eastern Seaboard. More information is available at http://www.williams.com.

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