Bristol Water PLC 16 June 2005 16 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 Results of Extraordinary General Meeting of Bristol Water Group plc 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 Proposed Return of 148 pence per Ordinary Share and 10 for 13 Consolidation Results of Extraordinary General Meeting The Board of Bristol Water Group plc is pleased to announce that at the Extraordinary General Meeting ("EGM") of Bristol Water Group plc held earlier today, the special resolution to approve the implementation of the proposed return of 148 pence per Ordinary Share and 10 for 13 Share Consolidation was duly passed. The return remains conditional upon Court approval. Set out below is the remaining expected timetable of principal events: Last date for dealings in Ordinary Shares 5 July New B Share Issue Record Time 5.00 p.m. on 5 July Consolidation Record Time 6.00 p.m. on 5 July Dealings commence in Consolidated Ordinary Shares 8.00 a.m. on 6 July CREST accounts credited with Consolidated Ordinary Shares 6 July Court Hearing of the petition to confirm the Return 6 July Return becomes effective 7 July Despatch of cheques in respect of the Return By 15 July Despatch of share certificates in respect of Consolidated Ordinary Shares By 15 July Terms and expressions used in this announcement have the same meanings as in the Circular posted to Shareholders on 20 May 2005." Enquiries Bristol Water plc Tel: 0117 953 6407 Alan Parsons, Chairman Andy Nield, Finance Director Dresdner Kleinwort Wasserstein Tel: 020 7623 8000 Christian Littlewood, Director Dresdner Kleinwort Wasserstein Limited, which is authorised and regulated by the Financial Services Authority, is acting for Bristol Water Group plc and no one else in connection with the Proposals in the Circular and is not acting for any person other than Bristol Water Group plc and will not be responsible to any person other than Bristol Water Group plc for providing the protections afforded to its customers or for providing advice in connection with the Proposals in the Circular and the other matters described herein. This information is provided by RNS The company news service from the London Stock Exchange