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08/02/2002


Williams Energy Partners Names New Officer

TULSA, Okla. — The board of directors for the general partner of Williams Energy Partners L.P. (NYSE:WEG) has elected John Chandler as chief financial officer and treasurer.

Chandler, 32, succeeds Don Wellendorf, who was named president and chief executive officer in May. Most recently, Chandler was the director of financial planning and analysis for the partnership.

"I have worked with John over the years and know that he has the integrity, intelligence and attention to detail essential in the CFO role," Wellendorf said. "I am very confident that he will serve our unitholders professionally and responsibly."

Chandler has 10 years experience with MAPCO Inc. and Williams' energy services unit in accounting, budgeting, financial planning, management, auditing and mergers and acquisitions. He has a bachelor's of science degree in business administration from the University of Tulsa and is a certified public accountant.

About Williams Energy Partners L.P.

Williams Energy Partners L.P. was formed to own, operate and acquire a diversified portfolio of energy assets. The partnership primarily transports, stores and distributes refined petroleum products and ammonia. The general partner of WEG is a unit of Williams, which specializes in a broad array of energy-related services, including energy marketing and risk management and natural gas pipeline transportation.

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Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price for crude oil, changes in demand for refined petroleum products, adverse developments affecting our ammonia pipeline customers, changes in federal government policies affecting farm subsidies, changes to cost estimates relating to specific acquisitions, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements). These and other factors are set forth in the Partnership's Form 10-K for the year 2001 filed with the Securities and Exchange Commission.  


 

Contact Information:

Kelly Swan Williams Media Relations (918) 573-6932

 
kelly.swan@williams.com 
Paula Farrell Williams Investor Relations (918) 573-9233

 
paula.farrell@williams.com 

Contact Information:

Paula Farrell Investor Relations 918-574-7650 paula.farrell@magellanlp.com