Source - BUS

FRN Variable Rate Fix

Citibank

Re: United Utilities Water Finance PLC.

GBP 33,000,000.00

MATURING: 05-Oct-2057

ISIN: XS1694666535

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 05-Oct-2018 TO 05-Apr-2019

HAS BEEN FIXED AT .40 PCT

DAY BASIS: ACTUAL/ACTUAL(ISMA)

INTEREST PAYABLE VALUE 05-Apr-2019 WILL AMOUNT TO:

GBP 65,818.50 PER GBP 33,000,000.00 DENOMINATION