NGPL PipeCo LLC Announces Availability of Information for Holders and Prospective Holders of Notes

HOUSTON, May 16, 2012 /PRNewswire/ -- NGPL PipeCo LLC (the "Company") announced today that in connection with the Company's previously announced syndication process for a new bank credit facility (the "Credit Facility"), the Company has made available its consolidated financial statements for the three month period ended March 31, 2012 to potential lenders under the Credit Facility.

Holders of the Company's existing 6.514% Senior Notes due 2012, 7.119% Senior Notes due 2017 and 7.768% Senior Notes due 2037 (collectively, the "Notes") who are interested in obtaining certain of such information (the "Information")  that has been furnished by the Company to the trustee for the Notes (the "Trustee") should request a copy of the Information from the Trustee at U.S. Bank, National Association, at 5555 San Felipe Street, Suite 1150, Houston, TX 77056, Attn: Steve Finklea, (713) 235-9208.  Prospective investors in the Notes who certify to the Trustee that they are qualified institutional buyers may also direct such requests for copies of the Information to the Trustee.

About the Company

The Company is engaged in interstate natural gas transportation and storage through its wholly-owned subsidiary, Natural Gas Pipeline Company of America LLC ("NGPL").  The Company conducts no operations and has no material assets other than 100% of the equity interest in NGPL and its other subsidiaries.

NGPL is one of the largest U.S. natural gas pipeline and storage systems with approximately 9,200 miles of gas transmission pipelines and as well as storage fields, field system lines and related facilities.  NGPL links the Texas and Oklahoma gas producing regions, onshore and offshore Louisiana supply regions, and supply received from the Rocky Mountains with gas-consuming regions in the Midwest, particularly Chicago and northern Indiana.

Some of the statements in this release may constitute forward-looking statements.  Forward-looking statements are based on our expectations and beliefs concerning future events affecting us, and are subject to uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control.  Because of these uncertainties, you should not put undue reliance on any forward-looking statements.  We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.

All forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

SOURCE NGPL PipeCo LLC