Completion of Acquisition

Centrica PLC 21 August 2000 COMPLETION OF ACQUISITION OF DIRECT ENERGY IN NORTH AMERICA On 6th July 2000 Centrica announced that it had agreed with the trustees of the Direct Energy Income Fund an offer to acquire its North American energy supply business, Direct Energy Marketing Limited ('Direct Energy'). In addition, Centrica had agreed to purchase the assets of Direct Energy's primary marketing agent, Natural Gas Wholesalers, which provides marketing and call centre services to Direct Energy and Energy America L.L.C (a joint venture in which Direct Energy has an interest). The total consideration including assumption of debt was C$912m/£406m. At a meeting on 18th August 2000, unit holders overwhelmingly approved the transaction, which, following receipt of all other regulatory consents, completed later that day. For further information contact: Investor Relations: IR@centrica.co.uk Chris Milburn +44(0)1753 758114 Media Relations: Media@centrica.co.uk Neville Barltrop +44(0)1753 758444

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