Outstanding Prospects for Growth

The demands for natural gas infrastructure going forward are tremendous, and we are well-positioned to play a key role in meeting that demand. An INGAA (Interstate Natural Gas Association of America)-sponsored study expects $25 billion of natural gas infrastructure to be invested over the next 15 years for pipelines, storage, and LNG regasification facilities, representing about $1.7 billion a year of required investment. We expect to get our share of that growth, as we plan to successfully invest $450 million or more of growth capital in our pipeline franchise annually over the course of the next several years.

*Cautionary Statement Regarding Forward-looking Statements