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AWG Asbury Automotive Dl 01

208.00
-2.00 (-0.95%)
05 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Asbury Automotive Dl 01 TG:AWG Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.95% 208.00 206.00 208.00 0.00 22:50:15

Draft Business Scenarios

01/09/2003 8:00am

UK Regulatory


RNS Number:2038P
AWG PLC
01 September 2003


For immediate release
1 September 2003


                                     AWG Plc

                        Anglian Water Services announces
                     draft business scenarios for 2005-2010


As part of Ofwat's periodic review of prices, Anglian Water Services, part of
AWG Plc, today announces its draft business scenarios for the period 2005-10.

In the three scenarios requested by Ofwat, Anglian Water has identified future
investment options and proposed a preferred strategy to improve services to
customers, cater for growth and, most importantly, to ensure that the underlying
infrastructure, particularly the pipes and sewers, is properly maintained.
Anglian Water believes that this programme would need #2.7bn capital investment
over the next five years.

The submission of draft business scenarios is the first stage in a review
process that will run until early 2005. Customers, as well as other
stakeholders, are invited to comment on the proposals.

Ofwat is expected to announce final price limits in November 2004, which will
then take effect from April 2005.

Details of the Anglian Water draft business scenarios can be found at:
www.anglianwater.co.uk

                                    - Ends -

Contact

David Hipple            Finance Director, Anglian Water Services
Tel: 01480 323711

Andrew Mackintosh       Head of Communications, Anglian Water Services
Tel: 01480 323231






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
MSCUKUBROORWUAR

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