RNS Number:4853M
Northumbrian Water Finance PLC
18 June 2003


                         NORTHUMBRIAN WATER FINANCE PLC
                                ("the Company")

                               NOTICE OF MEETING

Notice is hereby given that the second Annual General Meeting of the Company
will be held in the Washington Room at Northumbria House, Abbey Road, Pity Me,
Durham DH1 5FJ at 10am on Monday 23 June 2003 for the transaction of the
following Ordinary business:

     1. To receive the Directors' and Auditors' Reports and the Accounts of the
        Company for the period ended 31 December 2002.

     2. To resolve not to pay a final dividend on the Company's #1 Ordinary 
        Shares.

and the following Special business:

     3. Special notice has been received of the intention to propose the 
        following resolution:


        To resolve that Ernst & Young LLP, who were appointed by the Directors 
        upon the resignation of Arthur Andersen during the year and who offer 
        themselves for reappointment, be reappointed as auditors of the Company 
        and that the directors are authorised to fix their remuneration.



By Order of the Board
16 June 2003

Martin Parker Company Secretary

Registered Office:
Northumbria House
Abbey Road
Pity Me
Durham
DH1 5FJ


Notes:


1. A member of the Company entitled to attend and vote at a meeting
convened by the above notice is entitled to appoint a proxy to attend and, on a
poll, vote instead of him. A proxy need not be a member of the Company.

2. To be valid, the instrument appointing a proxy and the Power of
Attorney (if any), or other authority, under which it is signed must be
deposited at the Company's registered office not less than 48 hours before the
time of the meeting.





                         NORTHUMBRIAN WATER FINANCE PLC
                                ("the Company")

                                 FORM OF PROXY
                      Annual General Meeting 23 June 2003

If you cannot attend the meeting you can still vote on resolutions on which a
poll is taken. You can appoint another person, known as a proxy, to cast your
vote for you. If you wish to do so, please complete this proxy form and return
it to the Company Secretary, Northumbrian Water Finance Plc, Northumbria House,
Abbey Road, Pity Me, Durham DH1 5FJ.


I/We ............................................................. (member name)
being a member of the above named Company entitled to attend and vote at general
meetings of the Company hereby appoint the Chairman of the meeting or (name and
address)

................................................................................
as my proxy to attend and, on a  poll, vote on my behalf at the Annual
General Meeting of the Company to be held at 10am on Monday 23 June 2003 in the
Washington Room at Northumbria House, Abbey Road, Pity Me, Durham DH1 5FJ and at
any adjournment thereof. I request the proxy to vote as indicated below on the
resolutions.

In the absence of instructions, the proxy may vote or abstain from voting as he
or she thinks fit on the specified resolutions and, unless instructed otherwise,
the proxy may also vote or abstain from voting as he or she thinks fit on any
other business (including amendments to resolutions) which may properly come
before the meeting.

                                                               For     Against

  1.  To receive the Directors' and Auditors reports and the
      Accounts.                                                

  2.  To resolve not to pay a final dividend.

  3.  To reappoint Ernst & Young as auditors and authorise
      the directors to fix their remuneration.                 


Signed ......................................................


Dated .......................................................



The proxy form must be executed by the shareholder. A shareholder who is a
natural person should sign. A corporation must execute under its common seal or
it must be signed on its behalf by an officer or attorney who is duly
authorised.

The appropriate Power of Attorney or other authority should be forwarded with
the completed proxy form.

To be valid, the proxy form must be received no later than 5pm on 20 June 2003
at Northumbria House, Abbey Road, Pity Me, Durham DH1 5FJ.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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