Transaction in Own Shares

Utilico Limited
09 May 2008



                                Utilico Limited

                           Transaction in Own Shares


Further to the announcement of 24 April 2008 and the Board's intention to
repurchase up to 880,000 ordinary shares equivalent to the amount of the
proposed interim dividend, the Company purchased on 8 May 2008 260,000 ordinary
shares at a price of 231.00p per share to be held in treasury.  This together
with the 620,000 ordinary shares bought on 24 April 2008 brings the total number
of ordinary shares repurchased and held in treasury to 880,000.

Following this purchase, the Company's issued share capital consists of
91,998,323 ordinary shares of which 880,000 ordinary shares are held in
treasury.  Therefore the total number of ordinary shares with voting rights in
Utilico is 91,118,323.

The above figure (91,118,323) may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interests in, Utilico under the FSA's
Disclosure and Transparency Rules.





For further information, please contact:


Utilico Limited                                      Arbuthnot Securities Limited
Charles Jillings                                     Alastair Moreton
01372 271 486                                        Hannah Pearce
                                                     020 7012 2000






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