72NO Rep. China 51 A

RNS Number:9994J
North West Water Finance PLC
13 September 2001

LETTER TO:  COMPANY ANNOUNCEMENTS OFFICE

DATE: 12 SEPTEMBER 2001

RE:   NORTHWEST WATER FINANCE 
      USD 20,000,000 SERIES 9 EMTN 
      DUE MARCH 2005 
      ISSUED DATE: 14 MARCH 2001 
      ISIN: XS0125844406

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
14SEP01 TO 14DEC01 HAS BEEN FIXED AT 3.57625 PCT.

INTEREST PAYABLE VALUE 14DEC01 WILL AMOUNT TO 
USD 9,039.97 PER USD 1,000,000 DENOMINATION.

RATEFIX DESK 
CITIBANK N.A., LONDON

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