Acquisition completion

Centrica PLC
01 August 2002



1 August 2002



Centrica completes acquisition of NewPower customers

Centrica plc today announced that its wholly owned subsidiary, Energy America,
LLC., has completed the acquisition of 212,000 natural gas customers of New
Power Holdings, Inc. and its subsidiaries (NewPower) in Ohio and Pennsylvania.
The transaction, announced on 15 July, was completed for a total acquisition
cost of $23.2 million (£14.7 million), subject to adjustments to gas inventory
and imbalance charges.

In addition to these customers, Energy America has also completed the
acquisition of other specified assets, including gas inventory and certain
computer systems relating to the customers being acquired.

Enquiries:

Centrica Investor Relations: 01753 494900

Centrica Media Relations: 01753 494085




                      This information is provided by RNS
            The company news service from the London Stock Exchange