Annual Financial Report

Affinity Water Programme Finance Limited

£80 million of 3.625% Sterling Denominated Fixed Rate Bonds due 2022£250 million of 4.5% Sterling Denominated Fixed Rate Bonds due 2036£150 million of 1.548% Sterling Denominated Retail Price Index-Linked Bonds due 2045

27 June 2014

Annual Report and Financial Statements for the year ended 31 March 2014

Affinity Water Programme Finance Limited announces that it has today published its Annual Report and Financial Statements for the year ended 31 March 2014.

This document will be available shortly for inspection on the company's website https://stakeholder.affinitywater.co.uk/investor-relations.aspx and at the National Storage Mechanism located at www.hemscott.com/nsm.do

For further information, please visit https://stakeholder.affinitywater.co.uk/investor-relations.aspx or contact:

[email protected] or

[email protected]

Tim Monod, Company Secretary

Affinity Water Programme Finance Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

Phone: +44 1707277196

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