Acquisition of Semplice Energy

Centrica PLC
                  

British Gas New Energy to acquire Semplice Energy

Centrica plc, through its British Gas New Energy division, today announced that
it has acquired the low carbon solutions company, Semplice Energy Ltd, for a
total cash consideration of £1.5 million (including the repayment of debt). An
initial consideration of £1.2 million has been paid on acquisition with a
further £0.3 million payable in two years dependant on meeting specified
criteria.

Semplice Energy is a leading provider of clean technology solutions in the UK,
offering consulting, design and systems integration to help businesses reduce
their energy usage, and invest in clean generation to achieve commercially
viable CO2 reduction. Semplice Energy currently employs 21 staff.

The deal complements British Gas' recent acquisitions of Solar Technologies
Group Ltd and BMSi Ltd and technology partnerships with Ceres Power, Disenco and
vPhase.

Gearoid Lane, Managing Director of British Gas New Energy, said:

'This is another step forward in our development of a broad range of energy
efficiency and low-carbon capabilities we can offer business and domestic
customers. Semplice Energy will help us in the delivery of these services.'

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Notes to editors

Centrica plc is acquiring Semplice Energy Ltd through its subsidiary GB Gas
Holdings Ltd