BWG Bristol Wtr. Gp

RNS Number:5129N
Bristol Water PLC
13 June 2005


13 June 2005

Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan.

                               Bristol Water plc
                  Recommended proposals by Bristol Water Group
                                      for
                    a return of 148 pence per Ordinary Share
                                      and
     a 10 for 13 Consolidation of Bristol Water Group plc's Ordinary Shares

                          Additional financing secured

Bristol Water plc notes the announcement made today by Bristol Water Group plc,
the text of which is set out below.

                            "Bristol Water Group plc
       Recommended proposals for a return of 148 pence per Ordinary Share
                          and 10 for 13 Consolidation

                          Additional financing secured

The Board of Bristol Water Group plc is pleased to announce that Bristol Water
plc, its regulated water business, has now completed the additional financing of
#57 million required to complete the Return. As set out in the shareholder
circular dated 20 May 2005, the borrowings were provided through the Artesian
Programmes and are index-linked. Accordingly the Return remains conditional upon
the passing of the resolution at the EGM to be held at 11.00 a.m. on 16 June
2005 and Court approval.

Terms used in this announcement shall have the same meaning as those in the
Circular."

Enquiries

Bristol Water plc Tel: 0117 953 6407
Alan Parsons, Chairman
Andy Nield, Finance Director




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