EQT Midstream Partners Increases Quarterly Distribution

  EQT Midstream Partners Increases Quarterly Distribution

Business Wire

PITTSBURGH -- October 22, 2013

(NYSE: EQM) – EQT Midstream Partners, LP, an EQT Corporation company, today
announced the declaration of a quarterly cash distribution of $0.43 per unit
for the third quarter of 2013. The distribution represents an 8% increase over
the distribution for the second quarter of 2013 and a 23% increase over the
distribution for the third quarter of 2012. The distribution will be paid on
November 14, 2013 to all unitholders of record at the close of business on
November 4, 2013.

About EQT Midstream Partners:

EQT Midstream Partners, LP is a growth-oriented master limited partnership
formed by EQT Corporation to own, operate, acquire and develop midstream
assets in the Appalachian basin. The Partnership provides midstream services
to EQT Corporation and third-party companies through two primary assets:
Equitrans Transmission and Storage System and the Equitrans Gathering System.
The Partnership has a 700-mile FERC-regulated interstate pipeline system and
more than 2,000 miles of FERC-regulated, low-pressure gathering lines.

Visit EQT Midstream Partners, LP at www.eqtmidstreampartners.com

Notice

This release serves as qualified notice to nominees under Treasury Regulation
Sections 1.1446-4(b)(4) and (d). Please note that 100% of the EQT Midstream
Partners, LP’s (Partnership’s) distributions to foreign investors are
attributable to income that is effectively connected with a United States
trade or business. Accordingly, all of the Partnership’s distributions to
foreign investors are subject to federal income tax withholding at the highest
effective tax rate for individuals or corporations, as applicable. Nominees,
and not the Partnership, are treated as the withholding agents responsible for
withholding on the distributions received by them on behalf of foreign
investors.

Contact:

EQT Midstream Partners
Analyst inquiries please contact:
Nate Tetlow, Investor Relations Manager, 412-553-5834
ntetlow@eqtmidstreampartners.com
or
Patrick Kane, Chief Investor Relations Officer, 412-553-7833
pkane@eqtmidstreampartners.com
or
Media inquiries please contact:
Natalie Cox, Corporate Director, Communications, 412-395-3941
ncox@eqtmidstreampartners.com