Directorate Change

Affinity Water Finance (2004) PLC

(the "Company")

£250 million of 5.875% guaranteed notes due 2036

(the "Notes")

1 October 2014

Affinity Water Chief Executive Officer to stand down

The Company today announces that Richard Bienfait, CEO of Affinity Water Limited ("Affinity Water"), a Guarantor of the Notes, will be leaving Affinity Water on 31 December 2014. He will be stepping down as director of the Company at the same time.

Chairman of Affinity Water, Philip Nolan, said: "As CEO, Richard has played a significant role in the development of Affinity Water over the last four years, leading the amalgamation of the three former Veolia entities, culminating in the company being awarded Enhanced status in the current OFWAT price review. On behalf of the Board, I would like to thank him for his contribution and wish him well in his future career. A search for his successor is being undertaken."

For further information, please visit https://stakeholder.affinitywater.co.uk/investor-relations.aspx or contact:

investor.relations@affinitywater.co.uk or

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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