Market Overview

Williams Announces Quarterly Cash Dividend

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Williams' (NYSE:WMB) board of directors has approved a regular dividend
of $0.34 per share, or $1.36 annualized, on the company's common stock,
payable on Sept. 24, 2018, to holders of record at the close of business
on Sept. 7, 2018.

The new amount is a 13.33 percent increase from Williams' third-quarter
2017 quarterly dividend of $0.30 per share, paid in September 2017.

Williams has paid a common stock dividend every quarter since 1974.

About Williams

Williams (NYSE:WMB) is a premier provider of large-scale infrastructure
connecting U.S. natural gas and natural gas products to growing demand
for cleaner fuel and feedstocks. Headquartered in Tulsa, Okla., Williams
is an industry-leading, investment grade C-Corp with operations across
the natural gas value chain including gathering, processing, interstate
transportation and storage of natural gas and natural gas liquids. With
major positions in top U.S. supply basins, Williams owns and operates
more than 33,000 miles of pipelines system wide – including the nation's
largest volume and fastest growing pipeline – providing natural gas for
clean-power generation, heating and industrial use. Williams' operations
touch approximately 30 percent of U.S. natural gas. www.williams.com

Portions of this document may constitute "forward-looking statements"
as defined by federal law. Although the company 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 company's annual and quarterly reports
filed with the Securities and Exchange Commission.

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