Transcontinental Gas Pipe Line Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 12/31/2008, Docket: RP09-158-000, Status: Effective

Original Sheet No. 456 Original Sheet No. 456

GENERAL TERMS AND CONDITIONS

(Continued)

42. CAPACITY RELEASE (Continued)

42.9 Posting Periods (Continued)

(b) Pre-Arranged Offers Not Subject to Bid

(All times are Central Clock Time)

The Replacement Shipper's contract will be available for nomination concurrently

upon the awarding of the release. The Replacement Shipper under the Pre-arranged

offer may submit a nomination at the earliest available nomination opportunity

after the acquisition of capacity becomes effective in accordance with nomination

deadlines of Section 28.1 of the General Terms and Conditions. Releasing

Shipper's offer may specify when the release will become effective.

Timely Cycle

- posting of prearranged deals not subject to bid are due by 10:30 A.M.;

- contract issued within one hour of award posting (with a new contract

number, when applicable); nomination possible beginning at the next

available nomination cycle for the effective date of the contract (Central

Clock Time)

Evening Cycle

- posting of prearranged deals not subject to bid are due by 5:00 P.M.;

- contract issued within one hour of award posting (with a new contract

number, when applicable); nomination possible beginning at the next

available nomination cycle for the effective date of the contract (Central

Clock Time)

Intraday 1 Cycle

- posting of prearranged deals not subject to bid are due by 9:00 A.M.;

- contract issued within one hour of award posting (with a new contract

number, when applicable); nomination possible beginning at the next

available nomination cycle for the effective date of the contract (Central

Clock Time)

Intraday 2 Cycle

- posting of prearranged deals not subject to bid are due by 4:00 P.M.;

- contract issued within one hour of award posting (with a new contract

number, when applicable); nomination possible beginning at the next

available nomination cycle for the effective date of the contract (Central

Clock Time)