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January 14, 2004

Williams Announces Open Season on Transco Pipeline

TULSA, Okla. — A unit of Williams (NYSE:WMB) today announced it is holding an open season from Jan. 14 to Feb. 13 for firm transportation service on its Transco natural gas pipeline system.

New service from the Central New Jersey expansion project is anticipated to be available in November 2005, subject to Federal Energy Regulatory Commission approval.

“This expansion project is designed to meet the growing market demand in the Northeast, while honoring our customer commitment and respecting our capital discipline," said Doug Whisenant, senior vice president of Williams’ natural gas pipeline business. “This proposal is a reasonable and responsible step that meets those criteria.”

Interested shippers may subscribe for up to 150,000 dekatherms per day of capacity. The project will begin at Transco’s Zone 6 at Station 210 and extend to locations along the Trenton-Woodbury line.

For additional information regarding the Central New Jersey expansion project contact Bill Sansom at (713) 215-3367 or Joan Harris at (713) 215-2904. Shippers must complete and return the transportation service request by 5 p.m. CST on Feb. 13, 2004.

About Williams (NYSE:WMB)

Williams, through its subsidiaries, primarily finds, produces, gathers, processes and transports natural gas. Williams’ gas wells, pipelines and midstream facilities are concentrated in the Northwest, Rocky Mountains, Gulf Coast and Eastern Seaboard. More information is available at www.williams.com.


Contact Information:

Travis  CampbellWilliams Investor Relations918-573-2944
Richard GeorgeWilliams Investor Relations918-573-3679
Gina JohnsonWilliams Media Relations713-215-4243