Barclays Investment Banking Pitch Book

Relative Price Performance Index Last 2-Years Last 1-Year 180% Last Six Months: 160% 140% 120% 100% 80% 60% Last Three Months: Last One Month: 8/8/2013 -KMI KMI (0.1%) (4.3%) 6.3% 11.1% 1.7% 10/20/2013 -KMI Peers KMI Peers 107.5% 54.8% 23.1% 10.8% (3.9%) -KMP LTM Relative Performance KMP (0.3%) (2.0%) 0.2% 7.9% (0.5%) 1/1/2014 KMP Peers KMP Poors 26.7% 11.5% 7.3% (1.3%) (1.7%) KMR 5.5% (3.6%) 1.5% 7.0% (0.4%) 3/15/2014 KMR -EPB EPB (2.2%) (19.2%) 6,4% 0.3% (3.9%) EPB Peers (6.6%) 15.4% 13.0% 12.4% 0.4% 5/27/2014 EPB Peers Fairness Opinion Analysis Alerian 28.3% 12.0% 7.3% 2.7% (2.5%) KMI Peers: 54.8% EPB Peers: 15.4% AMZ 12.0% KMP Peers: 11.5% 8/8/2014 Alerian KMP: (2.0)% KMR: (3.61% KMI: (4,3)% EPB: (19.2% Source: Factset Note: KMI peers include OKE, SE, ETE, TRGP WMB, PAGP KMP peers include ETP, OKS, SEP, WPZ, EPD, PAA EPB peers include BWP, TCP TEP. Alerian represents the Alerian MLP Index. PAGP's first day of trading was 10/16/2013 and is therefore not included in 2-year or LTM performance. TEP's first day of trading was 5/14/2013 and is therefore not included in 2-year performance. BARCLAYS

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