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          <NonNumbericText>&lt;div style="font-size:12pt"&gt;&lt;p&gt;NOTE 3. RECENT investment activity&lt;br /&gt;SEMPRA PIPELINES &amp;amp; STORAGE&lt;br /&gt;Sempra Pipelines &amp;amp; Storage&amp;#8217;s Sempra Midstream is the general partner and 91-percent owner of Bay Gas Storage Company (Bay Gas) and owned 60 percent of Mississippi Hub, LLC (Mississippi Hub) through December 31, 2008.  On January 16, 2009, Sempra Midstream purchased the remaining 40-percent ownership interest of Mississippi Hub for $94 million in cash.&lt;br /&gt;On April 30, 2010, Sempra Pipelines &amp;amp; Storage completed the acquisition of the Mexican pipeline and natural gas infrastructure assets of El Paso Corporation for $300 million ($260 million, net of cash acquired and debt assumed).&lt;br /&gt;The acquisition involves El Paso Corporation&amp;#8217;s wholly owned natural gas pipeline and compression assets in the Mexican border state of Sonora.  It also includes El Paso Corporation&amp;#8217;s 50-percent interest in a joint venture with PEMEX, the Mexican state-owned oil company.  The joint venture operates two natural gas pipelines and a propane system in northern Mexico.&lt;/p&gt;&lt;/div&gt;</NonNumbericText>
          <NonNumericTextHeader>NOTE 3. RECENT investment activitySEMPRA PIPELINES &amp;amp; STORAGESempra Pipelines &amp;amp; Storage&amp;#8217;s Sempra Midstream is the general partner and 91-percent</NonNumericTextHeader>
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