33NR Stir.wat.s.f.26

RNS Number:5946B
Stirling Water Seafield Finance PLC
29 November 1999

DOCUMENT RE:  
                       Issue of a further #29,600,000
                      5.822 per cent Guaranteed Secured Bonds
       due 2026 (including #9,000,000 of Variation Bonds, the "Further Bonds)
                         issued at 94.308 per cent.
               payable in full on acceptance plus accrued interest
 
      The Further Bonds will on issue be consolidated with the existing
       #79,300,000 5.822 per cent.  Guaranteed Secured Bonds due 2026
         of Stirling Water Seafield Finance Plc (the "Original Bonds")
                     to form a single series of #108,900,000
                5.822 per cent Guaranteed Secured Bonds due 2026
 

A copy of the above is available for inspection from the Company Announcements
office of the London Stock Exchange.

END
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