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Rights Issue Update

24th Nov 2008 07:00

24 November 2008

Restatement of prior period earnings and dividends per share following approval of Rights Issue

At a general meeting on Friday 21 November 2008 the shareholders of Centrica approved a 3 for 8 Rights Issue at an issue price of 160 pence per share. Centrica will restate its previously reported earnings per share (EPS), in accordance with IAS33, and also dividends per share (DPS), for the six months ended 30 June 2008 and the preceding five years to take account of the bonus element of the Rights Issue.

2003

(pence)

2004

(pence)

2005

(pence)

2006

(pence)

2007

(pence)

H1 2008

(pence)

Adjusted basic EPS (restated) 15.0 16.1 16.2 17.3 27.2 10.0
Adjusted basic EPS (old) 16.8 18.1 18.2 19.4 30.6 11.3
DPS (restated) 4.81 7.66 9.35 9.93 11.57 3.47
DPS (old) 5.40 8.60 10.50 11.15 13.00 3.90

On Monday 24 November 2008 Centrica shares will commence ex-rights trading. Based on the closing share price of 267.75 pence on Friday 21 November 2008, the last date the shares traded cum-rights, the Theoretical Ex-Rights Price (TERP) is 238.4 pence.

Enquiries:
Centrica Investor Relations: 01753 494900
Centrica Media Relations: 0845 072 8001

Copyright Business Wire 2008


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