Directorate Change

Affinity Water Finance (2004) PLC

(the "Company")

£250m of 5.875% Sterling Denominated Guaranteed Notes Due 2026

issued by the Company and guaranteed by Affinity Water Limited ("Affinity Water")

Affinity Water announces that Dr Philip Nolan has informed the Board that he plans to step down as Chairman of Affinity Water. He will remain as Chairman while a successor is found.

Affinity Water further announces that Simon Cocks has advised the Board of his intention to step down as Chief Executive Officer of Affinity Water and director of the Company during 2018. It is anticipated that Simon will step down before the end of 2018, at a date that allows continuity and handover to his successor. Following this Simon will support the shareholders and serve Affinity Water as a non-executive director.

The Nomination Committee, working with the shareholders, is leading a search to appoint successors.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

Any queries should be directed to Tim Monod by email on [email protected].

Tim Monod, Company Secretary

Affinity Water Finance (2004) PLC

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

Phone: +44 1707277196

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