Government help with South West Water Bills

PENNON GROUP PLC

2011 BUDGET - GOVERNMENT HELP WITH SOUTH WEST WATER BILLS

Pennon Group is pleased to note that in today's Budget the Chancellor announced that the Government will bring forward public money to reduce water bills in the South West, particularly for those on lower incomes. Pennon's subsidiary, South West Water, welcomes the Government's commitment to address the issue of unfairness of water charges in the region caused by three per cent of the population funding the clean up of 30% of the nation's bathing waters since 1989.

South West Water awaits more details on how much support will be allocated and when it will be available. The company will continue to work closely with the Government to examine the practicality of options to help customers.

23 March 2011

End transmission