Scottish Hydro-Electric Power Distribution Plc


                                 RATE FIX NOTICE
Issue Name:                      Scottish Hydro-Electric Power Distribution Plc
                                 GBP 100,000,000.00 1.429 per cent Index-Linked
                                  Bonds due 2056
ISIN Code:                       XS0270713091
Interest Rate:                                                          1.485831%
Base Rate:                                                              1.429000%
Interest Period:                 20-Apr-07 to 22-Oct-07
Day Count Method:                Actual/Actual
Number of Days in Period:                                                     185
Payment Date:                    22-Oct-2007
Denomination:                    Coupon:
-------------------------------  ------------------------------------------------
                      50,000.00  GBP                                       371.46



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