United Utilities sells its stake in NGN

United Utilities Group PLC 16 November 2009 UNITED UTILITIES ANNOUNCES THE DISPOSAL OF ITS INVESTMENT IN NORTHERN GAS NETWORKS United Utilities today announces that it has agreed the disposal of its entire 15 per cent investment in Northern Gas Networks Holdings Limited to the existing shareholders* for a cash consideration of £85.75 million. Completion of the transaction is expected by the end of 2009. United Utilities contacts: Philip Green, Chief Executive +44 (0)1925 237000 Tim Weller, Chief Financial Officer +44 (0)1925 237000 Gaynor Kenyon, Communications Director +44 (0)7753 622282 Darren Jameson, Head of Investor Relations +44 (0)1925 237033 James Bradley / Tom Murray, Tulchan Communications +44 (0) 20 7353 4200 Notes *The existing shareholders in Northern Gas Networks Holdings Limited, excluding United Utilities, are: PG (April) Limited, an indirect wholly-owned subsidiary of Cheung Kong Infrastructure Holdings Limited; Beta Central Profits Limited, a wholly-owned subsidiary of Hongkong Electric Holdings Limited; and SAS Trustee Corporation (managed by RREEF Alternative Investments).
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