Water Price Review - Thames Water Utilities

Thames Water PLC
17 December 1999





       WATER PRICE REVIEW - THAMES WATER UTILITIES

At their meeting earlier today the Board of Thames Water
Plc decided not to refer Ofwat's price determination to
the Competition Commission.

The Board consider the group to be financially sound with
positive prospects, and believe an appeal would divert
management's attention and create uncertainty. Evidence
of our progress to date, at home and abroad, can be seen
in the interim results for the half year to September
1999, published on 2 November.

A meeting for investors and analysts to present future
plans for the group businesses  will be held on 18
January 2000.


For further information please contact:
Thames Water Plc

Nick Tennant        Press Office        0118 939 9258

Liz Christie        Investor Relations  0207 833 6125

David Beck          Bell Pottinger      0207 353 9203

Thames Water press releases can be found on the Internet:
http://www.thames-water.com/latest/lindex.html