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Centrica PLC: British Gas Business to acquire BizzEnergy customers

3rd Nov 2008 08:00

3 November 2008 British Gas Business to acquire BizzEnergy customers Centrica plc, through its British Gas Business division, today announced that ithas reached agreement to acquire the customers of BizzEnergy Ltd for a cashconsideration of £3.5 million after the privately-owned energy supplier wastaken into administrative receivership. All of BizzEnergy's 40,000 electricity customers across SME and Corporatemarkets, transferred to British Gas Business under the deal, will maintain theirexisting contract terms and conditions. Badar Khan, Managing Director of British Gas Business, said: "BizzEnergy customers can rest assured that we will ensure a seamless transitionto British Gas Business, with no change to their energy supply contracts." Ends Enquiries: \* TInvestor relations: 01753 494900Media relations: Mish Tullar on 0845 072 8001 Matt Beasley on 0845 072 8002\* T Notes to editors Centrica plc is acquiring BizzEnergy Ltd through its subsidiary British GasTrading Limited. BizzEnergy SME customers can call British Gas Business for more information on0800 294 0670, and half-hourly meter supplied customers on 0800 294 0671. Oremail on [email protected] Copyright Business Wire 2008

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