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               09 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      14,926,785      5.41%       134,783      0.05%
securities
(2) Derivatives        97,951     0.04%       574,728      0.21%
(other than
options)
(3) Options and            0      0.00%             0      0.00%
agreements to
purchase/sell
Total             15,024,736      5.45%       709,511      0.26%

(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      215                  10.8400
Purchase      428                  10.8200
Purchase      44,299               10.8000
Purchase      5,241                10.8286
Purchase      17,100               10.8123
Purchase      8,077                10.8063
Purchase      66,734               10.8162
Purchase      1,266                10.8000
Purchase      4,220                10.8000
Purchase      67,374               10.8121
Purchase      5,699                10.8000
Purchase      24,308               10.8407
Purchase      4,844                10.8000
Purchase      5,699                10.8130
Purchase      18,800               10.8000
Purchase      820                  10.8114
Purchase      1,600                10.8100
Purchase      820                  10.8100
Purchase      3,549                10.8000
Purchase      4,526                10.8021
Purchase      68                   10.8000
Purchase      1,266                10.8200
Purchase      92,285               10.8113
Purchase      5,342                10.8100
Purchase      18,609               10.8000
Purchase      15,144               10.8153
Purchase      18,800               10.8140
Purchase      856                  10.8200
Purchase      422                  10.8000
Purchase      370                  10.8363
Purchase      14,615               10.8200
Purchase      3,013                10.8000
Purchase      4,215                10.8200
Purchase      184                  10.8108
Purchase      6,165                10.8363
Purchase      472                  10.8100
Sale          15,144               10.8142
Sale          50,113               10.8012
Sale          68                   10.8000
Sale          5,342                10.8089
Sale          67,374               10.8100
Sale          18,800               10.8140
Sale          472                  10.8100
Sale          17,100               10.8123
Sale          184                  10.8108
Sale          8,077                10.8063
Sale          18,609               10.8000
Sale          15,533               10.8000
Sale          820                  10.8100
Sale          4,868                10.8200
Sale          4,526                10.8000
Sale          1,600                10.8100
Sale          5,241                10.8286
Sale          433                  10.8400
Sale          24,308               10.8407
Sale          3,549                10.8000
Sale          44,299               10.8000
Sale          5,699                10.8000
Sale          18,800               10.8000
Sale          4,412                10.8000
Sale          4,868                10.8200
Sale          66,734               10.8162

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         4526          10.802
CFD            Short         6244          10.8068
CFD            Short         820           10.8113
CFD            Short         2111          10.8116
CFD            Short         67374         10.812
CFD            Short         15144         10.8152
CFD            Short         5241          10.8285
CFD            Long          44299         10.8
CFD            Long          5342          10.8089
CFD            Long          472           10.81

(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                         10 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