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May 31, 2006

TO: All TransGas Customers

TransGas Transportation and Storage Rate Reduction – June 01, 2006
 

TransGas Limited (TransGas) wishes to announce temporary changes to its rates for transportation and storage services that are effective June 01, 2006. TransGas will be temporarily reducing its service rates by an average 3.0 percent for the period June 1, 2006 to December 31, 2006.

TransGas last adjusted its rate levels on January 1, 2006, with an average system rate decrease of 2.6 percent. TransGas is now able to provide this further temporary rate reduction due to a combination of lower 2006 costs and additional 2006 revenues which were previously not anticipated.

The specific temporary transportation and storage rates are attached to the Rate Announcement Letter highlighted below. Both the existing and the new temporary rates are shown on this table.

If you have any questions with respect to how the rate adjustment will affect you, please contact your Key Account Manager, Chris Uhren at (306) 777-9501 or Wendy Uytterhagen at (306) 777-9687. If you have more general questions regarding the changes, please contact our Policies, Rates and Regulations Department: Gary Johannsson, Manager, at (306) 777-9560 or Vern Gorr, Director, at (306) 777-9556.

Rate Announcement Letter

Yours truly,

TRANSGAS LIMITED
 

Daryl Posehn
Senior Vice President,
TransGas Limited



 


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