Pennon Group Plc ('Pennon') is pleased to announce that South West Water ('SWW') has launched its unique customer scheme, WaterShare+ (the 'WaterShare+ Scheme').

The WaterShare+ Scheme has been developed in direct response to feedback from SWW's customers and will see GBP20 million being given to customers. The WaterShare+ Scheme was approved by shareholders at Pennon's AGM on 31 July 2020.

Through the WaterShare+ Scheme customers will be able to benefit to the value of GBP20. Certain customers may be able to have the option choosing a minimum of GBP20 in Pennon shares.

A Prospectus has been produced in connection with the WaterShare+ Scheme Offer which has now been approved by the Financial Conduct Authority (the 'FCA'). The Prospectus sets out the details of the WaterShare+ Scheme Offer and will shortly be available on Pennon's website at www.pennon-group.co.uk/investor-information/watershare.

Further details, including information required to apply for the WaterShare+ Scheme Offer, will be posted to Eligible Customers (as defined in the Prospectus) from the 21 September 2020.

Contact:

Tel: +44 (0)1392 443 168

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