LOEWS CORP — Director's Dealing 2008

Jun 18, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Boardwalk Pipeline Partners, LP (BWP)
CIK: 0001336047
Period of Report: 2008-06-17

Reporting Person: Boardwalk Pipelines Holding Corp. (Director, 10% Owner)
Reporting Person: LOEWS CORP (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-17	Class B Units representing limited partner interests	$	P	22866667	Acquired		Common Units (22866667)	Direct

Footnotes

F1: Each Class B Unit will be convertible into one Common Unit of the issuer on a one-for-one basis upon demand by the holder at any time after June 30, 2013. The Class B Units have no expiration date.

F2: BPHC directly owns all securities reported on this Form 4. Loews Corporation's ownership form is indirect, through BPHC. Information regarding Loews Corporation is set forth on Exhibit 99.1 to this Form 4.