TIDM72YE TIDM19LP

RNS Number : 8056B

Affinity Water Finance (2004) Plc

15 January 2018

Affinity Water Finance (2004) PLC

(the "Company")

GBP250m of 5.875% Sterling Denominated Fixed Rate Bonds Due 2026

issued by the Company and guaranteed by Affinity Water Limited

15 January 2018

Affinity Water appoints new Chairman

Affinity Water Limited ("Affinity Water") is delighted to announce the appointment of Tony Cocker, the former Chief Executive and Chairman of E.ON UK plc, as independent Chairman. Mr Cocker joins the Affinity Water Board on 15 January 2018 and will take over as Chairman on 30 January 2018.

Having worked for E.ON for over 20 years, Mr Cocker has a strong understanding of the utility sector and is currently chair of the renewable energy generator company, Infinis Energy Management Limited. He is also Governor and Deputy Chairman of Warwick Independent Schools Foundation.

Mr Cocker succeeds Dr Philip Nolan, who has served as Chairman since April 2013 and, during this time, has led the Board's oversight of the development and implementation of Affinity Water's PR14 Business Plan.

Mr Cocker commented: "On behalf of the Board, I would like to thank Phil Nolan for his leadership and service to Affinity Water over his time as Chairman. I am very much looking forward to working with the Affinity Water Board, its investors and the management team to build on the achievements of the last few years and to continue to deliver resilient and affordable water supplies to 3.6 million people across the South East of England."

Any queries should be directed to Tim Monod by email on tim.monod@affinitywater.co.uk.

Tim Monod, Company Secretary

Affinity Water Finance (2004) PLC

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

Phone: +44 1707277196

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END

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January 15, 2018 02:00 ET (07:00 GMT)

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