PANHANDLE EASTERN PIPELINE COMPANY, LP

Panhandle Eastern Pipeline Company operates a 6,500-mile pipeline system with access to diverse supply sources and can deliver 2.8 Bcf/d of natural gas to Midwest and East Coast markets. Tie-ins to Chicago, Dayton and Cincinnati have added to a Midwest customer base that includes some of the nation's largest utility and industrial natural gas users. We lead the way in offering competitive rates and a constantly evolving array of customer-friendly service options.

Panhandle Eastern provides:

• Access to diverse Midcontinent and Canadian supply sources and to major Midwest and Northeast markets.

• Access to 74 Bcf of storage facilities.

• Customer focused, including rapid response from knowledgeable account personnel, skilled operations analysts, and a dedicated customer service group.

• Individualized field and market area storage services.

• Customized service offerings including:

• Limited Firm Transportation Service - Firm transportation for shippers that can accommodate not being scheduled for up to 10 days per month.

• Flexible Storage Service - Customized storage to match the customer's injection/withdrawal patterns.