For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer United Utilities Group PLC
of existing shares to which voting rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights
are attached
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to Pictet Asset Management SA
the notification obligation: iii
4. Full name of shareholder(s) See above
(if different from 3.):iv
5. Date of the transaction and date on 29 October 2009
which the threshold is crossed or
reached: v
6. Date on which issuer notified: 03 November 2009
7. Threshold(s) that is/are crossed or (Below) 5%
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after
shares to the triggering the triggering transaction
transaction
if possible
using
the ISIN CODE
Number Number Number Number of % of voting
of of of shares voting rights x
Shares Voting rights
Rights
Direct Direct xi Indirect Direct Indirect
xii
Ordinary Shares N/A 38,985,705 0 0 34,044,411 0 4.995%
GB00B39J2M42
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period xiv rights that may be rights
acquired if the
instrument is
exercised/ converted.
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial Exercise Expiration Exercise/ Number of voting rights % of voting
instrument price date xvii Conversion period instrument refers to rights xix, xx
xviii
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
34,044,411 4.995%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Pictet Global Select Fund - Global Utilities Equity Fund, 19,723,723 (2.89%)
Proxy Voting:
10. Name of the proxy holder: Pictet Asset Management SA
11. Number of voting rights proxy holder will cease Not Applicable
to hold:
12. Date on which proxy holder will cease to hold Not Applicable
voting rights:
13. Additional information: Not Applicable
14. Contact name: David Cawthrow, Head of
Compliance
15. Contact telephone number: +44 (0) 20 7847 5040