United Utilities Regulatory News (UU.)

18 Jun 2010 09:34

TR-1 : notification of major interests in shares

1.Identity of the issuer or the underlying issuer of United Utilities existing shares to which voting rights are attached : Group PLC

2. Reason for the notification (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights X

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights

are attached An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the notification Tradewinds Global obligation : Investors, LLC NWQ Holdings, LLC Nuveen Investments, Inc. Windy City Investments, Inc. Windy City Investments Holdings, LLC MDCP Holdco (Windy), LLC Madison Dearborn Capital Partners V-A, L.P. Madison Dearborn Capital Partners V-C, L.P. Madison Dearborn Capital Partners V Executive-A, L.P. Madison Dearborn Partners V-A&C, L.P. 4. Full name of shareholder(s) (if different from 3.) : 5. Date of the transaction (and date on which the 16 June 2010 threshold is crossed or reached if different) : 6. Date on which issuer notified: 17 June 2010 7. Threshold(s) that is/are crossed or reached: 2% 8. Notified details: A: Voting rights attached to shares

Class/type Situation previous to Resulting situation after the triggering of shares the triggering transaction

transaction if possible using the Number Number of Number of Number of voting % of voting ISIN CODE of Voting Rights shares rights ix rights Shares viii Direct Direct Indirect Direct Indirect x xi US91311E1029 9,052,980 8,683,290 8,683,290 2.55% GB00B39J2M42 3,385,051 0 0 0% B: Financial Instruments Resulting situation after the triggering transaction xii Type of Expiration Exercise/ Number of voting rights that may % of financial date xiii Conversion be acquired if the instrument is voting instrument Period/ Date exercised/ converted. rights xiv N/A Total (A+B) Number of voting rights % of voting rights 17,366,580 (this total represents total ADRs converted into 2.55% Ordinary share equivalents in addition to Ordinary shares held 1 ADR=2 ORDs)

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:

The voting rights are held by Tradewinds Global Investors, LLC which is controlled by NWQ Holdings, LLC, which is in turn controlled by Nuveen Investments, Inc, which is in turn controlled by Windy City Investments, Inc., which is in turn controlled by Windy City Investments Holdings, L.L.C., which is in turn controlled by MDCP Holdco (Windy), LLC, which is in turn controlled by Madison Dearborn Partners V-A&C, L.P. through its management of various private equity funds: Madison Dearborn Capital Partners V-A, L.P., Madison Dearborn Capital Partners V-C, L.P., and Madison Dearborn Capital Partners V Executive-A, L.P.

Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Macfarlanes

15. Contact telephone number: 020 7831 9222

This form is to be sent to the issuer or underlying issuer and to

be filed with the competent authority.

Either the full name of the legal entity or another method for

identifying the issuer or underlying issuer, provided it is reliable and accurate.

This should be the full name of (a) the shareholder; (b) the

person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned:

- in the circumstances foreseen in DTR5.2.1 (b), the person that

acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;

- in the circumstances foreseen in DTR 5.2.1 (c), the person

holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions;

- in the circumstances foreseen in DTR5.2.1(d), the person who

has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created;

- in the circumstances foreseen in DTR5.2.1 (e), the parent

undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking;

- in the circumstances foreseen in DTR5.2.1 (f), the deposit

taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in DTR5.2.1 (g), the person that

controls the voting rights;

- in the circumstances foreseen in DTR5.2.1 (h), the proxy

holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion.

Applicable in the cases provided for in DTR 5.2.1 (b) to (h).

This should be the full name of the shareholder or holder of financial instruments who is the counterparty to the natural person or legal entity referred to in DTR5.2.

The date of the transaction should normally be, in the case of

an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement.

The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect. [DEL::DEL]

These dates will usually be the same unless the transaction is subject to a condition beyond the control of the parties.

Please refer to the situation disclosed in the previous

notification, In case the situation previous to the triggering transaction was below 3%, please state 'below 3%'.

viiIf the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement.

viii Direct and indirectix In case of combined holdings of shares with voting rights

attached 'direct holding' and voting rights 'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank.

X Voting rights attached to shares in respect of which the

notifying party is a direct shareholder (DTR 5.1)

xi Voting rights held by the notifying party as an indirect

shareholder (DTR 5.2.1)

xii If the holding has fallen below the minimum threshold, the

notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%.

xiii date of maturity / expiration of the finical instrument i.e.

the date when the right to acquire shares ends.

xiv If the financial instrument has such a period-please

specify the period- for example once every three months starting from the [date]

xv The notification should include the name(s) of the controlled

undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 3% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking.

xvi This annex is only to be filed with the competent authority.xvii Whenever another person makes the notification on behalf of the

shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3.