Launch of Eurobond

Scottish & Southern Energy PLC 22 November 2001 Southern Electric Power Distribution plc (a subsidiary of Scottish and Southern Energy plc) has today launched a Sterling Eurobond of £250M with a maturity of June 2032 and a coupon of 5.5%. The joint bookrunners were Royal Bank of Scotland plc and UBS Warburg. For further information, please contact Gregor Alexander, Group Treasurer, telephone 01738 455121 or Ian Marchant, Finance Director, telephone 01738 455252.

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