Disclosures of interest

Bristol Water PLC

Members

Ms Carstensen acted as a self-employed consultant on strategy & business development to the Antitrust group of the law firm Linklaters until January 2010. She no longer has any connection with the firm and there was no client advisory component within her role.

Mr Farrant was Chairman of Sustrans Ltd, a charity and company promoting sustainable transport, until December 2008, when he severed all connection. One of the other trustees and non-executive board members for Sustrans, since 2006, is also a non executive director of Bristol Water plc, but Mr Farrant has had no contact with him since leaving Sustrans.

Mr Farrant is also a committee member and prospectively President of The Piscatorial Society, a trout fishing club fishing on rivers in Wiltshire and Hampshire (outside the catchment of Bristol Water Plc.). Trout and grayling require unpolluted water to thrive and he therefore has an interest in promoting the water purity of rivers.

Mr Farrant is a non-executive director and chairman of the Audit Committee of Daiwa Capital Markets Europe Ltd. This company provides financial services to investors and businesses using financial markets. His role does not include management or knowledge of financial positions in individual securities or clients.

Laura Carstensen and Richard Farrant do not believe that the matters disclosed above in relation to them will affect their ability to act impartially and independently as members of the Group. The CC is satisfied that the interests disclosed will not affect their ability to act independently or impartially in discharging the CC’s functions in this appeal.