Columbia Pipeline Partners LP (the “Partnership”), a NiSource Inc. (NYSE: NI) company, today announced the pricing of its initial public offering of 46,811,398 common units representing limited partner interests in the Partnership at $23.00 per common unit. The Partnership has also granted the underwriters a 30-day option to purchase up to an additional 7,021,709 common units. The common units are expected to begin trading on the New York Stock Exchange (NYSE) on February 6, 2015 under the symbol “CPPL.” The offering is expected to close on February 11, 2015, subject to the satisfaction of customary closing conditions.

Upon conclusion of the offering, the public will own an approximate 50% limited partner interest in the Partnership (or an approximate 53.5% limited partner interest if the underwriters exercise in full their option to purchase additional common units). Columbia Energy Group will own the remaining approximate 50% limited partner interest in the Partnership (or an approximate 46.5% limited partner interest if the underwriters exercise in full their option to purchase additional common units), the general partner of the Partnership and the Partnership’s incentive distribution rights.

Barclays and Citigroup are acting as joint book-running managers and structuring agents for the offering. BofA Merrill Lynch, Goldman, Sachs & Co., J.P Morgan, Morgan Stanley and Wells Fargo Securities are also acting as joint book-running managers. BNP PARIBAS, Credit Suisse, RBC Capital Markets, Fifth Third Securities, KeyBanc Capital Markets, MUFG, Mizuho Securities, Scotia Howard Weil and Huntington Investment Company are acting as co-managers for the offering.

The initial public offering of the Partnership marks the first MLP IPO of 2015 and the largest ever MLP IPO.

Baker Botts is representing the underwriters in connection with the offering.

Type of Offering: Initial Public Offering of Columbia Pipeline Partners LP

Outside Counsel to the Underwriters: Baker Botts L.L.P.

Outside Counsel to Columbia Pipeline Partners LP: Vinson & Elkins LLP

Value: $1,076,662,154 ($1,237,860,000 if the underwriters’ option to purchase up to an additional 7,021,709 units is exercised in full)

Baker Botts Lawyers/Office Involved: Josh Davidson (Partner, Houston); Hillary Holmes (Partner, Houston); Sarah Berens (Associate, New York); Laskhmi Ramanathan (Associate, Houston); Chuck Campbell (Special Counsel, Houston); Greg Wagner (Special Counsel, Washington, D.C.).

www.bakerbotts.com

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