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Analysts Seminar

28 February 2002

ScottishPower is today hosting a seminar in London as part of its ongoing investor relations programme. The specific purpose of this seminar is to provide an opportunity to meet the PacifiCorp management team and for an update on the US business.

A team of ScottishPower executives led by Ian Russell, Chief Executive, will host the event and will include presentations from Judi Johansen, Chief Executive Officer PacifiCorp and Terry Hudgens, Chief Executive Officer PacifiCorp Power Marketing.

The presentations will focus on PacifiCorp strategy, an overview of the US regulatory environment, risk management, achieving the allowable ROE and the unregulated energy business, PacifiCorp Power Marketing.

The presentations will be webcast and will be available on the ScottishPower investor relations website from 4.30pm.

In line with normal practice ScottishPower will be issuing a pre-close statement towards the end of March 2002.


Further Information:

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

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