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ScottishPower Clarifies Innogy Press Reports

18 February 2002

In the light of press comment linking the two companies, ScottishPower would like to clarify its position regarding Innogy.

ScottishPower regularly holds discussions with other leading industry participants. As part of these conversations, ScottishPower and Innogy have over a period of time discussed a number of commercial opportunities, including preliminary discussions on the possibility of a combination of the two groups. However, ScottishPower has told Innogy it does not want to pursue conversations relating to a combination at the present time.

Enquiries:-

Colin McSeveny, Head of Media Relations: 0141 636 4515
Andrew Jamieson, Head of Investor Relations:  0141 636 4527

18 February 2002

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