In the light of the completion of the sale of PacifiCorp the Board intends to pay the dividend bi-annually, and, in line with the rest of the group’s UK sector peer group, will also move from reporting results quarterly to bi-annually.

The interim dividend for 2006/07 will be 11.4 pence per share, payable in December 2006 with the final dividend  payable in June 2007

Dividends on ordinary shares are payable in pounds sterling.