SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

All relevant boxes should be completed in block capital letters.

1.  Name of company                             2.   Name of shareholder having a major interest      
                                                                                                      
    KELDA GROUP PLC                                  LEGAL & GENERAL INVESTMENT MANAGEMENT LTD        

 

3.  Please state whether notification indicates that it is in respect of holding of                  
    the shareholder named in 2 above or in respect of a non-beneficial interest or                   
    in the case of an individual holder if it is a holding of that person's spouse                   
    or children under the age of 18                                                                  
                                                                                                     
    NOT DISCLOSED                                                                                    
                                                                                                     
4     Name of the registered holder(s) and, if more than one holder, the number of                   
      shares held by each of them                                                                    
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 914945                                         143,592
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 886603                                         412,562
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 775245                                       1,794,908
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 357206                                       8,248,742
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 866203                                         537,300
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 916681                                          20,600
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 754612                                         236,000
                                                                                                     
      HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 360509                                         450,174

5.  Number of shares/   6.  Percentage of       7.  Number of shares/     8.  Percentage of issued    
    amount of stock         issued class            amount of stock           class                   
    acquired                                        disposed                                          
                            N/A                                                                       
    147,551                                         N/A                                               
                                                                              NOT DISCLOSED           

 

9.  Class of security                          10.  Date of transaction   11.  Date company informed  
                                                                                                      
    ORDINARY SHARES OF 15 5/9 PENCE                 21 AUGUST 2003             26 AUGUST 2003         

12. Total holding following this notification  13.  Total percentage holding of issued class following
                                                    this notification                                 
                                                                                                      
                                                    3.01%                                             
    11,843,878                                                                                        

 

14. Any additional information                  15.  Name of contact and telephone number for queries 
                                                                                                      
                                                     LESLEY BRYENTON - 01274 804133                   
                                                                                                      
                                                                                                      

16. Name and signature of authorised company official responsible for making this                     
    notification                                                                                      
                                                                                                      
    LESLEY BRYENTON                                                                                   
                                                                                                      
                                                                                                      
                                                                                                      
Date of notification 26 AUGUST 2003                                                                   

                                                                               

 



END