Rule 8.3 - KELDA GROUP

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              KELDA GROUP
Class of relevant security    ORD GBP0.2022222
to which the dealings being
disclosed relate (Note 2)
Date of dealing               04 January 2008

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant      14,727,421      5.34%       335,288      0.12%
securities
(2) Derivatives      187,940      0.07%       472,725      0.17%
(other than
options)
(3) Options and            0      0.00%             0      0.00%
agreements to
purchase/sell
Total             14,915,361      5.41%        808,013     0.29%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      34,100               10.8513
Purchase      22,715               10.8303
Purchase      1,332                10.8513
Purchase      11,925               10.8118
Purchase      1,332                10.8400
Purchase      1,200                10.8400
Purchase      35,900               10.8513
Purchase      740                  10.8300
Purchase      19,941               10.8300
Purchase      95,410               10.8239
Purchase      3,395                10.8200
Purchase      11,641               10.8400
Purchase      5,771                10.8311
Purchase      430                  10.8418
Purchase      2,376                10.8100
Purchase      430                  10.8418
Purchase      107,400              10.8276
Purchase      6,971                10.8326
Purchase      384                  Transfer
Purchase      702                  10.8200
Sale          2,376                10.8100
Sale          2,376                10.8100
Sale          34,100               10.8513
Sale          3,395                10.8179
Sale          35,900               10.8513
Sale          1,332                10.8513
Sale          740                  10.8300
Sale          11,925               10.8118
Sale          19,941               10.8300
Sale          1,200                10.8400
Sale          1,332                10.8400
Sale          95,410               10.8239
Sale          5,771                10.8311
Sale          430                  10.8418
Sale          702                  10.8200
Sale          122,720              10.8258

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         5771          10.8311
CFD            Short         1200          10.84
CFD            Short         430           10.8417
CFD            Long          11925         10.8118
CFD            Long          3395          10.8179

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         07 January 2008
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk