Holding(s) in Company

Pennon Group PLC
11 March 2003

PENNON GROUP PLC

FOR IMMEDIATE RELEASE

HOLDING IN COMPANY


Pennon Group Plc has today received notification (by letter dated 7 March 2003)
that Zurich Financial Services and its Group now holds 3,717,130 Ordinary shares
of £1.11p each in Pennon Group Plc.

11 March 2003

End transmission


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