United Utilities Regulatory News (UU.)

30 Jan 2009 15:13

UNITED UTILITIES GROUP PLC DEFERRED SHARE AWARD SCHEME 30 January 2009

The following awards were granted on 30 January 2009 pursuant to the rules of the deferred share award scheme (`the scheme') as approved by the board on 25 November 2008. Under the terms of the plan, awards will (which are structured as options to acquire shares in the company with a zero exercise price) be satisfied by using shares purchased in the market. Newly issued or treasury shares cannot be used to satisfy awards under this plan. No directors of the company can participate in the scheme. Under the rules, the awards are subject to uplift for notional dividends made or paid during the vesting period. The awards will normally become capable of exercise after the end of the vesting period and must be exercised within 90 days thereafter. The ability to exercise an award is not subject to satisfying a performance target.

Name of senior No. of Price paid Price Vesting period manager ordinary for award payable on discharging shares £ exercise £ managerial awarded responsibilities I McAulay 8,899 nil nil 30/01/09 - 11/6/2010 M Wright 8,899 nil nil 30/01/09 - 11/6/2010 I McAulay 9,023 nil nil 30/01/09 - 5/8/2011 M Wright 8,555 nil nil 30/01/09 - 5/8/2011

Further information can be obtained from Brendan Fahey 0207 307 0300.

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United Utilities Group's ordinary shares trade on the London Stock Exchange and its ADRs, each equal to two ordinary shares, trade over the counter under the Trading Symbol "UUGRY".