UNITED UTILITIES ELECTRICITY PLC




RE: United Utilities Water Plc
    GBP 100,000,000.00
    MATURING: 28-Jul-2056
    ISSUE DATE: 28-Jul-2006
    ISIN: XS0262629339

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
28-Jan-2007 TO 28-Jul-2007 HAS BEEN FIXED AT 1.893570 PCT

DAY BASIS 180/360

INTEREST PAYABLE VALUE 28-Jul-2007 WILL AMOUNT TO:
GBP 473.39 PER GBP 50,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com



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