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Press release from Business Wire

Williams Partners L.P. Prices Public Offering of Common Units

Wednesday, August 08, 2012

Williams Partners L.P. Prices Public Offering of Common Units08:55 EDT Wednesday, August 08, 2012 TULSA, Okla. (Business Wire) -- Williams Partners L.P. (NYSE: WPZ) today announced that it priced a public offering of 8,500,000 of its common units representing limited-partner interests at $51.43 per unit. The offering is expected to close on Aug. 13, 2012. Williams Partners also granted the underwriters a 30-day option to purchase up to an additional 1,275,000 common units. Williams Partners plans to use the net proceeds from the offering to repay amounts outstanding under the partnership's credit facility. Borrowings under the credit facility were used to fund capital expenditures and working capital. To the extent there are net proceeds from this offering in excess of the outstanding balance under the credit facility, they will be used for general partnership purposes. Barclays, Citigroup, BofA Merrill Lynch, Jefferies & Company, Inc., Morgan Stanley, UBS Investment Bank, Credit Suisse and Wells Fargo Securities are acting as joint book-running managers. In addition, Deutsche Bank Securities; Goldman, Sachs & Co.; J.P. Morgan; RBC Capital Markets; and Raymond James have been named as co-managing underwriters. This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. A copy of the preliminary prospectus supplement and related base prospectus may be obtained on the SEC website at www.sec.gov or from any of the underwriters, including: Barclays c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Phone: 888-603-5847 E-mail: Barclaysprospectus@broadridge.com   Citigroup Attention: Prospectus Delivery Department Brooklyn Army Terminal 140 58th Street, 8th floor Brooklyn, NY 11220 Phone: 800-831-9146 Email: batprospectusdept@citi.com   BofA Merrill Lynch, 222 Broadway, 7th Floor New York, NY 10038 Attn: Prospectus Department Email dg.prospectus_requests@baml.com   Jefferies & Company, Inc. 520 Madison Avenue, 12th Floor New York, NY 10022 Email: Prospectus_Department@Jefferies.com Phone: 877-547-6340   Morgan Stanley Attn: Prospectus Department 180 Varick Street, 2nd Floor New York, NY 10014 Email: prospectus@morganstanley.com Phone: 866-718-1649   UBS Investment Bank Attention: Prospectus Department 299 Park Avenue New York, NY 10171 Phone: 888-827-7275   Credit Suisse Securities (USA) LLC Attention: Prospectus Department One Madison Avenue New York, NY 10010 Email: newyork.prospectus@credit-suisse.com Phone: (800) 221-1037   Wells Fargo Securities Attn: Equity Syndicate Dept. 375 Park Avenue New York, NY 10152 Email: cmclientsupport@wellsfargo.com Phone: 800-326-5897 Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the partnership believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the partnership's annual reports filed with the Securities and Exchange Commission. Williams Partners L.P.Media Contact:Jeff Pounds, 918-573-3332orInvestor Contacts:John Porter, 918-573-0797orSharna Reingold, 918-573-2078