FRN Variable Rate Fix

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FRN Variable Rate Fix

        
 Re:                                                                                                     South West
Water Finance
                                                                                                         GBP 100000000
                                                                                                         MATURING:
01-Feb-2057
                                                                                                         ISIN:
XS0312360372
                                                                                                                                 
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 01-Feb-2008 TO 01-Feb-2009 HAS BEEN FIXED AT 0.000001 PCT
  
 DAY BASIS: ACTUAL/365(PROP)
  
 INTEREST PAYABLE VALUE 01-Feb-2009 WILL AMOUNT TO:
 GBP 4173857.52 PER GBP 200000000 DENOMINATION

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