Equitrans Midstream Corp.

Has closed the previously announced private purchases of common units in EQGP Holdings LP for $20 per unit in cash. As a result of the private purchases, ETRN and its affiliates now own more than 95% of the outstanding EQGP common units and ETRN has exercised the Limited Call Right under EQGP’s partnership agreement to acquire all remaining EQGP common units not already owned by ETRN and its affiliates. The Limited Call Right is expected to close on January 10, 2019, upon which time the remaining holders of EQGP common units will receive $20 per unit in cash.