Scrip Dividend Alternative - Documents available

RNS Number : 2199A

Pennon Group PLC

17 February 2014

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 interim dividend for the year ended 31 March 2014, payable on 3 April 2014, will be 683.1p.

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 interim dividend for the year ended 31 March 2014, this was the period 29 January 2014 to 4 February 2014.

The Scrip Dividend Alternative timetable for the interim dividend for the year ended 31 March 2014 is as follows:

Ex-dividend date	29 January 2014
Record date	31 January 2014
Scrip reference price calculation period	29 January 2014 to 4 February 2014
Last date for receipt of Scrip elections	10 March 2014
Dividend payment/Scrip issue date	3 April 2014