Avalanche Energy Limited

Centrica PLC
7 December 2000


6 December 2000


 CENTRICA ACQUISITION OF AVALANCHE ENERGY LIMITED IN NORTH AMERICA COMPLETED


On 1 November, Centrica announced that it had agreed to make an offer to buy
Avalanche Energy Limited, a privately held Canadian gas and oil production
company, through a wholly owned subsidiary for a total consideration of
C$253.5m (£114.5m) including debt.


The offer closed on 30 November with more than 97 per cent of shares tendered.
Shares not tendered will be compulsorily acquired under Alberta securities
law. Following receipt of regulatory consents, the acquisition has now
completed.


Enquiries:


Centrica Investor Relations     01753 758114

Centrica Media Relations          01753 758442