Analyst Coverage

Firm Analyst
Brean Murray, Carret & Co.   Daniel Fidell
Edward Jones   Paul Franzen
Goldman Sachs   Michael Lapides
J.P. Morgan   Brooke Glenn Mullin
Janney Montgomery Scott   Joanne Fairechio
Lehman Brothers   Jim Harmon
Morningstar   Matthew Coffina
UBS Securities   Ronald Barone
Value Line   Brian Fong

WGL Holdings, Inc. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding WGL Holdings, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of WGL Holdings, Inc. or its management. WGL Holdings, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.