Williams Communications has twice designed, built and operated leading carrier networks that enabled competition in the U.S. and is investing in global infrastructure to extend competition around the world. About Telefonica Manquehue Telfonica Manquehue is a local broadband service provider serving Santiago since 1981. It has over 67,000 lines providing voice, data and Internet service for business and residential customers. In partnership with Metrogas, the natural gas distribution concession holder for Santiago, the company is installing an extensive telecommunications duct infrastructure throughout Santiago, which will pass by more than 250,000 homes and businesses by the end of 2000. About Williams Communications Group, Inc.
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Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission. This news release is not an offer to sell, nor the solicitation of an offer to buy, any securities. Any offer will be made only by means of a prospectus registered with the Securities and Exchange Commission.