Proposed Return of Cash

Pennon Group PLC
24 January 2006

PENNON GROUP PLC



PROPOSED RETURN OF CASH TO SHAREHOLDERS AND NOTICE OF EXTRAORDINARY GENERAL
MEETING



Pursuant to LR 9.6.3 notice is given that Pennon Group Plc has forwarded to the
Financial Services Authority the following two documents in respect of its
Extraordinary General Meeting (EGM) which will be held on 15 February 2006:


     Circular to shareholders regarding the proposed return of cash, the 
     proposed share capital consolidation, the proposed amendments to the 
     articles of association of the Company, the proposed change to the
     authorised share capital and notice of EGM.

     Election Form relating to the return of cash with Form of Proxy relating 
     to the  EGM.



Two copies of each of these documents will shortly be available to the public
for inspection at the UK Listing Authority's Document Viewing Facility, which is
situated at:  Financial Services Authority, 25 The North Colonnade, Canary
Wharf, London E14 5HS
(Telephone: [phone]).



The circular to shareholders referred to above is also available electronically
on Pennon Group Plc's website at www.pennon-group.co.uk






24 January 2006


www.pennon-group.co.uk


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