United Utilities Water Plc


Re:  ELECTRICITY NORTH WEST LIMITED
     GBP 100,000,000.00
     MATURING: 06-Apr-2046
     ISIN: XS0249492652

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
06-Apr-2008 TO 06-Oct-2008 HAS BEEN FIXED AT 1.618500 PCT

DAY BASIS: ACTUAL/ACTUAL(ISMA)

INTEREST PAYABLE VALUE 06-Oct-2008 WILL AMOUNT TO:
GBP 404.63 PER GBP 50,000.00 DENOMINATION



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