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NORTHWEST PIPELINE CORPORATION ANNOUNCES STOCK REDEMPTION

 NORTHWEST PIPELINE CORPORATION ANNOUNCES STOCK REDEMPTION
 SALT LAKE CITY, Utah, May 14 /PRNewswire/ -- Northwest Pipeline Corp. has called for a full and final redemption of the company's $2.36 cumulative preferred stock.
 All shares outstanding are to be redeemed at the sinking fund redemption price of $25 per share on July 1. A final dividend of 59 cents per share will be paid on July 1 to stockholders of record on June 16, 1992.
 Mellon Financial Services is the redemption agent.
 Northwest is one of The Williams Companies Inc. Williams, listed on the New York and Pacific stock exchanges under the symbol WMB, provides pipeline transportation of natural gas and petroleum products and nationwide digital telecommunications.
 -0- 5/14/92
 /CONTACT: Susan O. Flaim of Northwest Pipeline, 801-584-7077/
 (WMB) CO: Northwest Pipeline Corp. ST: Utah IN: SU:


MC -- SF013 -- 0397 05/14/92 16:06 EDT
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Publication:PR Newswire
Date:May 14, 1992
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