FRN Variable Rate Fix - Replacement

Thames Water PLC
13 March 2000


The issuer has made the following amendment to the 'FRN Variable Rate Fix'
announcement released 3 March 2000 at 17:02 under RNS No 6808G.

The announcement should read 
'THE COUPON AMOUNT DUE 05JUN00 WILL AMOUNT TO: 
 GBP 1,620.60 PER GBP 100,000 DENOMINATION' 
and not 
 GBP 1,625.04 PER GBP 100,000 DENOMINATION as previously stated. 

All other details remain unchanged.

The full corrected version is shown below.



 RE: THAMES WATER PLC   
 GBP 10,000,000 SERIES 12 EMTN
 DUE DECEMBER 2003
 ISIN: XS0095500970

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 03MAR00 TO 05JUN00 HAS BEEN FIXED AT 6.31 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 05JUN00 WILL AMOUNT TO:
GBP 1,620.60 PER GBP 100,000 DENOMINATION
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON  
TEL:  [phone]/3855 OR FAX:  [phone]. 


RATEFIX DESK 
CITIBANK N.A., LONDON