Financing Arrangements

RNS Number:1793T
Hyder PLC
27 October 2000

                                PRESS RELEASE


                                 WPD Limited

                            Financing Arrangements

27 October 2000

WPD Limited ("WPDL") hereby announces that Dwr Cymru Cyfyengedig has agreed
the terms of a #1.1 billion loan facility with The Royal Bank of Scotland plc
and Citibank N.A., some or all of which is expected, subject to the fulfilment
of certain conditions precedent (including, to the extent required, the
approval of OFWAT), upon drawdown of the facility, to be used, directly or
indirectly, to effect repurchases of bonds pursuant to the tender offer for
bonds issued by Hyder PLC and Welsh Water (Utilities) Finance PLC dated 8
August 2000 (the "Original Tender Offer") and the new tender offer dated 8
September 2000 (the "New Tender Offer").

DCS Oosthuizen

Director and Company Secretary


The distribution of this document in certain jurisdictions may be restricted
by law. Persons into whose possession this document comes are required by
WPDL, Salomon Brothers International Limited (trading as Schroder Salomon
Smith Barney) and Citibank N.A., London office to inform themselves about, and
to observe, any such restrictions.

Salomon Brothers International Limited (trading as Schroder Salomon Smith
Barney), which is regulated in the United Kingdom by the Securities and
Futures Authority, has approved the contents of this document solely for the
purposes of section 57 of the Financial Services Act 1986. Schroder Salomon
Smith Barney is acting as financial adviser to WPDL in relation to the Hyder
Shares Offer, the Original Tender Offer and the New Tender Offer and to no one
else and will not regard any other person as its customer or be responsible to
anyone other than WPDL for providing the protections afforded to customers of
Schroder Salomon Smith Barney or for providing advice in relation to the Hyder
Shares Offer, the Original Tender Offer and the New Tender Offer.

The New Tender Offer is being made for securities of a UK company and, while
the New Tender Offer is subject to certain US disclosure requirements, US
investors should be aware that the New Tender Offer will be conducted in
accordance with UK practice, which differs from US practice. This document
does not constitute a tender offer. The New Tender Offer is made by an offer
document which will be made available to Bondholders.

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