Centrica enters into agreement to acquire Alber...

Centrica PLC
                  

Centrica enters into agreement to acquire Alberta gas assets

Centrica plc today announced that its wholly-owned subsidiary, Direct Energy
Marketing Limited, has made an agreed offer to acquire all outstanding common
shares of Rockyview Energy Inc., (TSX:RVE), for a total cash consideration of
C$113.3 million (£56.9 million) including debt.

The transaction is subject to shareholder and regulatory approval and is
expected to close in January 2008.

Rockyview Energy is an oil and gas company with conventional oil and gas and
coal-bed methane operations in central, western and north-western Alberta. In
addition to a production base of 2,700 boe per day (of which 97% is natural
gas), Rockyview Energy has a 100,000 acre undeveloped land portfolio with
numerous identified drilling locations.

Sam Laidlaw, Chief Executive of Centrica, said: 'Acquiring Rockyview Energy is
in line with our strategy of increasing the level of vertical integration across
Centrica and will add 43.2 Bcfe of additional gas reserves to supply our
Canadian Direct Energy retail customers, with the potential to increase this
substantially through future focused drilling in the surrounding land
portfolio.'

Enquiries:

Centrica Investor Relations: 01753 494900

Centrica Media Relations: 0845 072 8001

Notes:

1/ The acquisition will be made through Centrica plc's wholly owned subsidiary
Direct Energy Marketing Limited.