2003 AGM Statement

At today's Annual General Meeting, Ian Russell, Chief Executive, gave an overview of the results for the year to 31 March 2003 and the quarter to 30 June 2003 together with strategic priorities for the current year.

He also commented that, at present, ScottishPower's expectations for the year to 31 March 2004 remain unchanged.

Further Information:

Andrew Jamieson       Head of Investor Relations                0141 636 4527
Colin McSeveny         Group Media Relations Manager         0141 636 4515