SCRIP Dividend Alternative - Documents available

RNS Number : 7416K

Pennon Group PLC

24 August 2012

PENNON GROUP PLC

FOR IMMEDIATE RELEASE

SCRIP DIVIDEND ALTERNATIVE - DOCUMENTS AVAILABLE FOR INSPECTION

Pennon Group Plc (the "Company") announces that the following documents have been submitted electronically to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do

SCRIP DIVIDEND ALTERNATIVE BOOKLET - TERMS & CONDITIONS

CHAIRMAN'S EXPLANATORY LETTER

SCRIP DIVIDEND ALTERNATIVE FORM OF ELECTION/MANDATE APPLICATION FORM

The documents may also be viewed on the Company's website at

www.pennon-group.co.uk

SCRIP REFERENCE PRICE

The Scrip reference price for the fully paid Ordinary shares to be issued to shareholders electing to receive the Scrip Dividend Alternative for the final dividend for the year ended 31 March 2012, payable on 5 October 2012, will be 740.3p.

The Scrip reference price is calculated by taking the average of the middle market quotations for the Company's Ordinary shares for the day on which they are quoted

ex-dividend and the four subsequent business days. In respect of the final dividend for the year ended 31 March 2012, this was the period 8 to 14 August 2012.

The Scrip Dividend Alternative timetable for the final dividend for the year ended 31 March 2012 is as follows:

Ex-dividend date	8 August 2012
Record date	10 August 2012
Scrip reference price calculation period	8 to 14 August 2012
Last date for receipt of Scrip elections	17 September 2012
Dividend payment/Scrip issue date	5 October 2012