Williams Energy Partners Submits Certification Statements

TULSA, Okla. — Williams Energy Partners L.P. (NYSE:WEG) announced today that its general partner’s Chief Executive Officer Don Wellendorf and Chief Financial Officer John Chandler have voluntarily certified the partnership’s 2001 10-K with the Securities and Exchange Commission.

The certification also applies to the quarterly report on Form 10-Q for the first quarter of 2002 and all reports provided on Form 8-K.

Williams Energy Partners was not required to comply with the June 27 order from the SEC for large publicly-held companies, but chose to do so voluntarily.

The SEC order applied to companies with revenues greater than $1.2 billion. For 2001, Williams Energy Partners reported revenues of $448.6 million in a Form 8-K filed on May 9 to include the combined historical results with its recently acquired Williams Pipe Line.

Wellendorf and Chandler also filed statements for the second-quarter 2002 Form 10-Q in accordance with the recently enacted Sarbanes-Oxley Act. The second-quarter 10-Q and all certifications will be available at www.williamsenergypartners.com under News & Financials.

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.


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 9185736932 kelly.swan@williams.com 
Paula Farrell Williams Investor Relations 9185739233 paula.farrell@williams.com 

Contact Information:

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