Deutsche Bank Appointed as Successor Depositary Bank for the Level I American Depositary Receipt Program of United Utilities

  Deutsche Bank Appointed as Successor Depositary Bank for the Level I
  American Depositary Receipt Program of United Utilities Group PLC

Business Wire

NEW YORK & LONDON -- June 11, 2013

Deutsche Bank today announced its appointment as the successor depositary bank
for the Level I American Depositary Receipt (ADR) program of United Utilities
Group PLC (United Utilities).

United Utilities provides water and wastewater services to around seven
million people and 200,000 businesses in the North West of England delivering
clean, fresh water every day and taking away and treating wastewater, helping
to keep rivers and beaches clean. Alongside the group’s focus on operational
performance and customer service, it is investing approximately £3.5 billion
in its network during the 2010-2015 time period, providing customer and
environmental benefits and driving growth in the regulatory capital value.*

Edwin Reyes, Global Head of Depositary Receipts at Deutsche Bank, said, “We
are delighted to be acting as depositary bank for United Utilities. Deutsche
Bank will utilize its broad range of customized services to assist United
Utilities in enhancing the visibility of its ADR program with the investor
community."

*Source: United Utilities Group PLC (June 2013)

About Deutsche Bank Trust & Securities Services

Deutsche Bank’s Trust & Securities Services business, part of Global
Transaction Banking, is one of the leading providers of trustee, agent,
depositary, registrar, SPV management and related services for a wide range of
financial structures and transactions. It is a leading depositary for American
and Global Depositary Receipts, providing value-added services to companies
raising capital in international markets or listing on the New York, NASDAQ,
London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of
depositary receipts. It also offers both mutual and alternative fund
administration and provides securities custody, clearing and agency lending
services from a global network spanning more than 30 markets. Additional
details are available on www.adr.db.com or www.tss.db.com.

This announcement appears as a matter of record only. This announcement has
been approved and/or communicated by Deutsche Bank AG New York.

American Depositary Receipts have been registered pursuant to the US
Securities Act of 1933 (the "Act"). The investment or investment service which
is the subject of this notice is not available to retail clients as defined by
the UK Financial Services Authority. This notice has been approved and/or
communicated by Deutsche Bank AG London. The services described in this notice
are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its
subsidiaries and/or affiliates in accordance with appropriate local
registration and regulation. Deutsche Bank is providing the attached notice
strictly for information purposes and makes no claims or statement, nor does
it warrant or in any way represent, as to the accuracy or completeness of the
details contained herein or therein. This announcement appears as a matter of
record only. Neither this announcement nor the information contained herein
constitutes an offer or solicitation by Deutsche Bank or any other issuer or
entity for the purchase or sale of any securities nor does it constitute a
solicitation to any person in any jurisdiction where solicitation would be
unlawful. No part of this notice may be copied or reproduced in any way
without the prior written consent of Deutsche Bank. Past results are not an
indication of future performance. Copyright© June 2013 Deutsche Bank AG. All
rights reserved.

Contact:

Deutsche Bank AG
Press & Media Relations
Duncan King, +1 212-250-4864
duncan.king@db.com