Centrica welcomes announcement on Rough gas storag

Centrica welcomes announcement on Rough gas storage facility LONDON--(BUSINESS WIRE)--Aug 01, 2003-- Centrica welcomes today's announcement by the Secretary of State that it will be allowed to retain the Rough gas storage facility subject to agreement of undertakings. Chief Executive Sir Roy Gardner said 'We have always believed that appropriate undertakings could be agreed to overcome any competition concerns. We are pleased that the Commission has also come to this view, ending the uncertainty for our customers, our shareholders and the staff who work on the facility. We are comfortable with the remedies recommended and look forward to working with the OFT and Ofgem to implement them.' Enquiries: Centrica investor relations 01753 494900 Centrica media relations 01753 494085 Short Name: Amvescap PLC Category Code: DCC Sequence Number: 00007900 Time of Receipt (offset from UTC): 20030801T130135+0100

Companies

Centrica (CNA)
UK 100

Latest directors dealings