SCRIP Dividend Alternative - documents available

RNS Number : 1034N

Pennon Group PLC

26 August 2011

PENNON GROUP PLC

FOR IMMEDIATE RELEASE

SCRIP DIVIDEND ALTERNATIVE - DOCUMENTS AVAILABLE FOR INSPECTION

Pennon Group Plc (the "Company") announces that the following documents have been submitted electronically to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do

SCRIP DIVIDEND ALTERNATIVE BOOKLET - TERMS & CONDITIONS

CHAIRMAN'S EXPLANTORY LETTER

SCRIP DIVIDEND ALTERNATIVE FORM OF ELECTION/MANDATE APPLICATION FORM

The documents may also be viewed on the Company's website at

www.pennon-group.co.uk

SCRIP REFERENCE PRICE

The Scrip reference price for the fully paid Ordinary shares to be issued to shareholders electing to receive the Scrip Dividend Alternative for the final dividend for the year ended 31 March 2011, payable on 7 October 2011, will be 658.1p.

The Scrip reference price is calculated by taking the average of the middle market quotations for the Company's Ordinary shares for the day on which they are quoted ex-dividend and the four subsequent business days. In respect of the final dividend for the year ended 31 March 2011, this was the period 10 to 16 August 2011.

The Scrip Dividend Alternative timetable for the final dividend for the year ended 31 March 2011 is as follows:

Ex-dividend date	10 August 2011
Record date	12 August 2011
Scrip reference price calculation period	10 to 16 August 2011
Last date for receipt of Scrip elections	19 September 2011
Dividend payment/Scrip issue date	7 October 2011