Disposal

Disposal Severn Trent Plc announces today the sale of Severn Trent Property and other property interests to Prologis Development Limited for a cash consideration of £71.7 million realising a profit on disposal in aggregate of around £35 million. Severn Trent Property comprises around 500 acres of development land in distribution and logistic hubs across the Midlands. Mr Colin Matthews, Group Chief Executive, said: "The transaction announced today is in line with our stated intention to focus on water." www.severntrent.com FOR FURTHER INFORMATION CONTACT: Peter Gavan Director of Corporate Affairs Severn Trent Plc 0121 722 4310 Jonathan Davies Head of Investor Relations Severn Trent Plc 0121 722 4295 David Trenchard / Peter Hewer Tulchan Communications Group Ltd Tel: 020 7353 4200 End

Companies

Severn Trent (SVT)
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