Severn Trent PLC
3 April 2000
On 3 April 2000 Severn Trent QUEST Limited (a wholly owned subsidiary of
Severn Trent Plc permitted to subscribe for shares in the company to satisfy
options granted under the Company's Sharesave Scheme) subscribed for 933,130
Ordinary Shares of 65 5/19 pence each to satisfy the exercise of options by
participants in the scheme. These shares were then transferred to
participants on the same day. The executive directors of Severn Trent Plc
were deemed to have a technical interest in the 933,130 shares when Severn
Trent QUEST Limited subscribed for the shares and ceased to have an interest
when the shares were transferred to the participants.
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