GOVT REDEEM GOLDEN SHARE

Scottish & Southern Energy PLC 05 May 2004 Redemption of Special Share in Scottish and Southern Energy plc Scottish and Southern Energy welcomes the Government's announcement today that it is to redeem its £1 Special Share in Scottish and Southern Energy. The consent of the holder of the Special Share is required, in terms of the Company's Articles of Association, for any person to hold more than 15% of the shares of the Company. The Company will now take steps to remove the 15% limit on shareholdings by seeking to amend its Articles of Association at its AGM to be held on 29 July 2004. This information is provided by RNS The company news service from the London Stock Exchange

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