RNS Number:9522L
SEEBOARD Power Networks PLC
05 June 2003

Pricing Supplement

Issuer:                           SEEBOARD Power Networks plc
Series Number                     2
Description:                      Issue of #50,000,000 Index-Linked Fixed Rate 
                                  Notes due 2023
Currency/ Principal Amount:       Pounds Sterling (#)
Issue Price:                      100.00 per cent.
Specified Denomination            #1,000, #10,000 and #100,000
Issue Date:                       5 June 2003
Maturity Date:                    5 June 2023
ISIN:                             XS0169168894

     A copy of the above document has been submitted to the UK Listing Authority
      and will shortly be available for inspection at the UK Listing Authority's
                                Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade Canary Wharf
London
E14 5HS

Tel. no. (0)20 7676 1000

(Documents will normally be available for inspection within six normal
business hours of this notice being given).


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