Pennon Group Plc

The interim dividend of 8.22p per share, for the year ended 31 March 2012, will be paid on 3 April 2012 to shareholders on the register at 3 February 2012.

The Company operates a Scrip Dividend Alternative. The Scrip Dividend Alternative provides shareholders with an opportunity to invest the whole of, or part of, the cash dividend they receive on their Pennon Group Plc shares to buy further shares in the Company without incurring stamp duty or dealing expenses.

To elect for the Scrip Dividend Alternative, download and complete the Form of Election/Mandate below and return it to Capita Registrars, Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.

To be valid for the interim dividend, your Form of Election/Mandate needs to be returned to Capita Registrars by 12 March 2012.

Download a copy of the Form of Election/Mandate

Download a copy of the Chairman's explanatory letter dated 20 February 2012

Download a copy of the Scrip Dividend Alternative Booklet – Terms and Conditions

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 2012, payable on 3 April 2012, will be 696.2p.

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 2012, this was the period 1 to 7 February 2012.

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