Statement re. Press Comment

Centrica PLC 21 February 2002 Centrica in discussions to acquire NewPower Holdings Inc. Centrica plc confirmed today that it is in discussions for the acquisition of NewPower Holdings Inc. (NewPower). Pending the resolution of a number of issues, the parties are discussing a cash tender offer of $1.05 per share for all of NewPower's outstanding stock and warrants, subject to price adjustments based on changes in commodity prices and further subject to a variety of conditions for closing the tender offer. Holders of the majority of the outstanding shares and warrants of NewPower have indicated their intention to support the transaction currently being discussed. There can be no assurances that the outstanding issues will be resolved and a transaction will be announced. Enquiries: Centrica Investor Relations: 01753 494900 Centrica Media Relations: 01753 494085 About Centrica plc In Britain, energy and services group Centrica plc trades under the AA, British Gas, Goldfish and One.Tel brands. In Canada, Centrica trades through the established Direct Energy brand and in the United States through Energy America. About NewPower Holdings, Inc. NewPower Holdings, Inc. (NYSE: NPW), through its subsidiary, NewPower, is the first national provider of electricity and natural gas to residential and small commercial customers in the United States. The Company offers consumers in restructured retail energy markets competitive energy prices, pricing choices, improved customer service and other innovative products, services and incentives. This information is provided by RNS The company news service from the London Stock Exchange

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