RNS Number:0846U
Pennon Group PLC
09 January 2004


PENNON GROUP PLC

FOR IMMEDIATE RELEASE

HOLDING IN COMPANY

Pennon Group Plc has today received notification (by fax dated 9 January 2004)
that at the close of business on 7 January 2004 Lehman Brothers International
(Europe) held an interest in 6,598,073 Ordinary shares of #1.11p each in Pennon
Group Plc representing 5.38% of the issued share capital of the Company.

9 January 2004

End transmission


www.pennon-group.co.uk


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