Scottish Hydro-Electric Power Distribution Plc



As Agent Bank, please be advised of the following rate determined on: 28-Mar-2008
Issue              � Scottish Hydro-Electric Power Distribution plc
                     GBP 100,000,000.00 1.429% Index-Linked FRN Due 2056
ISIN Number        � XS0270713091
Common Code / 144A �
 ISIN
Issue Nomin GBP    � 100,000,000.00
Period             � 22-Oct-2007 to 21-Apr-2008            Payment Date 21-Apr-2008
Number of Days     � 182
Rate               � 1.514754
Denomination GBP   � 50,000.00             �                      �

Amount Payable per � 378.69                �                      �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601



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