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Dealings by employee trust

15th Feb 2007 11:14

Northumbrian Water Group PLC15 February 2007 Northumbrian Water Group plc (the "Company") Dealings by employee trust The Company was informed on 14 February 2007 that Northumbrian Water ShareScheme Trustees Limited (the Trustee of the NWG Long Term Incentive Plan) soldor transferred 10,557 ordinary 10 pence shares on 14 February 2007 as a resultof the exercise of LTIP awards by people who are neither directors of theCompany nor persons discharging managerial responsibility ("PDMRs"). Thedisposal of these shares is pursuant to a conditional award of shares made on 27January 2004. The Company was informed today that the Trustee sold or transferred a further5,487 shares today, 15 February 2007 following a further exercise of LTIP awardsmade on 27 January 2004 to a person who is neither a director nor a PDMR of theCompany. Following these disposals, the Trustee holds 777,020 shares, representing 0.15%of the Company's issued share capital. The Trustee holds these shares in order to satisfy awards made under theCompany's LTIP, and so John Cuthbert and Chris Green, as executive directors ofthe Company, and Ceri Jones and Graham Neave, as PDMRs of the Company, arepotential beneficiaries of these shares. This announcement is made in accordance with the requirements of DTR 3.1.4 R(1). Name of contact and telephone number for queries Jayne Powell, Assistant Company SecretaryTel: 0191 3016704 This information is provided by RNS The company news service from the London Stock Exchange

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