Affirm

S&P Revises Outlook on Williams to Positive, Affirms Ratings

The $6 billion debt reduction achieved by The Williams Companies led Standard & Poor’s Ratings Services to affirm the company’s B+ corporate credit rating and that of its subsidiaries, Northwest Pipeline Corp., Transcontinental Gas Pipe Line Corp., and Williams Production RMT Co. and to revise its outlook on the companies to positive from stable.

August 16, 2005

Reliant, Mirant Affirm Earnings Despite Western Uncertainty

Reliant Energy Inc. and Mirant Corp., both caught up in the California energy saga, Tuesday reiterated their earnings forecasts for the rest of the year, indicating that despite the continuing charges, countercharges, lawsuits and falling stock prices, they will meet or beat Wall Street estimates.

June 27, 2001