BW20030529002101  20030529T165809Z UTC


( BW)(UNITED-UTILITIES-WATER-PLC)(AH55) FRN Variable Rate Fix 

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--May 29, 2003--

RE: UNITED UTILITIES PLC
    GBP 50,000,000.00
    MATURING: 04-Dec-2032
    ISSUE DATE: 04-Dec-2002
    ISIN: XS0159112126

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
04-Dec-2002 TO 04-Jun-2003 HAS BEEN FIXED AT 3.417300 PCT.

INTEREST PAYABLE VALUE 04-Jun-2003 WILL AMOUNT TO 
GBP 170.87 PER GBP 10,000.00 DENOMINATION.
GBP 1,708.65 PER GBP 100,000.00 DENOMINATION.
GBP 17,086.50 PER GBP 1,000,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL: 44 020 7508 3857/3855 OF FAX: 44 020 7508 3881.

   Short Name: UnitedUtilitiesWater
   Category Code: RC
   Sequence Number: 00005266
   Time of Receipt (offset from UTC): 20030529T171320+0100

    --30--tav/ny*

    CONTACT: United Utilities Water PLC
 

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: UTILITIES
    SOURCE: UnitedUtilitiesWater

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