RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

AFFINITY WATER FINANCE PLC

£14.2 million of 3.625 per cent. Sterling Denominated Fixed Rate Bonds due 2022

£60 million of 2.699 per cent. Sterling Denominated Fixed Rate Bonds due 2033

£10 million of 1.024 per cent. Sterling Denominated Retail Price Index Linked Bonds due 2033

£250 million of 4.5 per cent. Sterling Denominated Fixed Rate Bonds due 2036

£85 million of 3.278 per cent. Sterling Denominated Fixed Rate Bonds due 2042

£60 million of 0.23 per cent. Sterling Denominated Consumer Price Index Linked Bonds due 2042

£190 million of 1.548 per cent. Sterling Denominated Retail Price Index Linked Bonds due 2045

issued by Affinity Water Finance PLC and guaranteed by Affinity Water Limited, Affinity Water Holdings Limited and Affinity Water Finance (2004) PLC

AFFINITY WATER FINANCE (2004) PLC

£250 million of 5.875 per cent. Guaranteed Notes due 2026

issued by Affinity Water Finance (2004) PLC and guaranteed by Affinity Water Limited, Affinity Water Holdings Limited and Affinity Water Finance PLC

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

03 SEPTEMBER 2019

Affinity Water Limited ("Affinity Water") announces that Chris Bolt has resigned from the Board as an independent non-executive director. Chris joined the Board in February 2015 and became the Senior Independent Director in March 2019. During his time on the Board he has worked with the Chairman, providing support and a sounding board for the Chairman and acting as an intermediary for the other directors where necessary.

Chairman of Affinity Water, Tony Cocker said:

"I would like to thank Chris for his very significant contribution to Affinity during his time on the Board. In particular and personally, I would also like to thank him for working so closely with me, the entire Board, and the executive team during my tenure as Chair. I'm sure we all wish him well."

END

For further information, please contact:

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

Telephone: +44 1707 277192

Email: [email protected]

Attention: Tim Monod, Company Secretary

This notice is given by:

AFFINITY WATER LIMITED

This announcement is released by Affinity Water Limited and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Substitution described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Tim Monod at Affinity Water Limited.

ISINs:

XS0883690090

XS1722862080

XS1360548215

XS0883686650

XS1480879540

XS1722861439

XS0883688516

XS0195751523