Nuclear output and financial performance lower than last year, primarily reflecting
the Boiler Closure Unit (BCU) issue at Hartlepool and Heysham 1

Adjusted EBITDA reduced from £1,221m in FY 2006/07 to £882m

Continued improvement in underlying operating metrics, with pronounced improvement in small losses to 4.1TWh, the lowest recorded level

Sizewell B operating to world class standards, with a record 516 day run between refuelling outages

Five year plant life extensions to 2016 agreed for Hinkley Point B and Hunterston B

Proposed base dividend of 13.6p per ordinary share (FY 2006/07: 13.6p)

Strong fundamentals with rising power prices, progress on BCU project and Nuclear New Build

^{*Adjusted as described in the Financial Review}