United Utilities - Metering Contract Extension ...
United Utilities PLC
25 January 2008
UNITED UTILITIES SECURES METERING CONTRACT EXTENSION
WITH BRITISH GAS TRADING
United Utilities PLC today announces that it has secured an extension to its
metering contract with British Gas Trading Limited through to 2010.
The contract commenced in 2002 and covers meter provision and maintenance in
the north of England and north Wales, serving around 5 million gas and
electricity customers, and was valued at approximately £276 million. This
18-month extension through to 30 June 2010 is estimated to be worth an
additional £45 million in revenue to United Utilities.
Chief Executive of United Utilities, Philip Green, said:
"We are pleased to have extended this contract through to 2010. It builds on
our strong performance in the metering sector and further supports our position
as the leading utility infrastructure outsourcing company in the UK."
United Utilities' contacts
For further information please contact:
Philip Green, Chief Executive +44 (0) 1925 237000
Tim Weller, Chief Financial Officer +44 (0) 1925 237000
Gaynor Kenyon, Communications Director +44 (0) 7753 622282
Darren Jameson, Head of Investor Relations +44 (0) 7733 127707
Dominic Fry / Peter Hewer, Tulchan Communications +44 (0) 20 7353 4200
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