Completion of Income Fund

Centrica PLC
18 December 2002


18 December 2002



Centrica announces completion of Income Fund

Centrica plc confirmed today that, following its announcement of 9 December, the
Consumers' Waterheater Income Fund financing has closed and the fund now trades
as an independent entity on the Toronto Stock Exchange (TSX: CWI.UN). The fund
has purchased the waterheater assets Centrica obtained when it acquired Enbridge
Services Inc in May 2002.



Enquiries:

Centrica Investor Relations:       01753 494900

Centrica Media Relations:          01753 494085




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