Outlook

Our Pipeline Group has excellent connections to strong markets and key supply basins. El Paso’s national footprint means that we are able to capture infrastructure growth opportunities as they occur.

1. This year we will spend about $1.3 billion in growth capital for an array of projects. These projects include the WIC Piceance Lateral, TGP Carthage expansion, TGP Concord , and CIG Totem Storage.
2. In 2009, we plan to spend approximately $450 million on maintenance capital.
3. Overall, we have approximately $8 billion of committed growth projects, with attractive returns.

*Cautionary Statement Regarding Forward-looking Statements