Debenture Stock Repurchase

Northumbrian Water Group PLC 11 March 2005 Northumbrian Water Limited (the "Company") - Offer (the "Offer") to repurchase for cash any and all outstanding 4 per cent. Perpetual Debenture Stock, 5 per cent. Perpetual Debenture Stock and 3.5 per cent. Perpetual Debenture Stock (the "4 per cent. Debenture Stock", the "5 per cent. Debenture Stock" and the "3.5 per cent. Debenture Stock" and together the "Debenture Stock") of the Company The Company announces its proposed Offer to repurchase any and all of the Debenture Stock of each class for cash consideration of, in each case, £1 in respect of each £1 in nominal amount of the relevant class of the Debenture Stock, plus accrued interest to, but excluding, the date of payment. The terms and conditions of the Offer are set out in circular letters in relation to each class of the Debenture Stock to be dated 14th March 2005 and prepared by the Company in connection with the Offer (each a "Circular" and together the " Circulars"). On 14th March 2005, the Circulars (each with an acceptance form attached and a stock transfer form included) will be dispatched to persons registered as holders of the relevant class of the Debenture Stock and having a registered address in the United Kingdom. A notice of the Offer addressed to holders of the Debenture Stock of the Company who have no registered address in the United Kingdom and who have not provided to the Company an address in the United Kingdom for the service of notice on them, or whose interest in any class of the Debenture Stock is not correctly registered in the Company's register in relation to the relevant class of the Debenture Stock, will be published in the Financial Times on 14th March 2005. The Circulars (each with an acceptance form attached and stock transfer form included) may be inspected or (subject as provided below) obtained on personal application by or on behalf of holders of the Debenture Stock at the Company's registrar, Computershare Investor Services PLC, PO Box 859, The Pavilions, Bridgwater Road, Bristol BS99 1XZ on any weekday (Saturdays and public holidays excepted) from 14th March 2005 until 13th April 2005. Additional Acceptance Forms and Stock Transfer Forms can be obtained by telephoning the Registrar on 0870 702 0100. Enquiries should be addressed for the attention of David Martin, Group Treasury Manager of the Company, at the registered office address set out below. Northumbrian Water Limited (Incorporated and registered in England and Wales with registered number 2366703) Registered Office: Northumbria House, Abbey Road, Pity Me, Durham DH1 5FJ Dated: 11th March 2005 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings