Highlights

El Paso Corporation’s Pipeline Group combines the experience and expertise of an outstanding pipeline operations team with the nation’s leading interstate natural gas delivery system. It’s a combination that allows us to deliver outstanding results, from construction to operation.

A day-in, day-out commitment to safety, customer service, reliability, and efficiency is at the core of what it takes to operate the nation’s leading pipeline franchise. In 2008, our Pipeline Group’s 3,400 employees—building on a legacy of knowledge, skill, and dedication—delivered on that commitment across our operations.

• We posted record earnings of 4% over 2007 after adjusting for the impact from Hurricanes Gustav and Ike.
• In 2008, the Pipeline Group placed into service seven new expansion projects totaling approximately $700 million.
• In 2008, we recorded our best-ever safety performance.

*Cautionary Statement Regarding Forward-looking Statements