SCRIP Dividend Alternative - documents available for inspection

26 Aug 2011

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 2011, payable on 7 October 2011, will be 658.1p.

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 final dividend for the year ended 31 March 2011, this was the period 10 to 16 August 2011.

The Scrip Dividend Alternative timetable for the final dividend for the year ended 31 March 2011 is as follows:

Ex-dividend date
10 August 2011
Record date
12 August 2011
Scrip reference price calculation period
10 to 16 August 2011
Last date for receipt of Scrip elections
19 September 2011
Dividend payment/Scrip issue date
7 October 2011