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Company Statement: Centrica announces 3 for 8 rights issue to raise approximately £2.2 billion to fund the potential acquisition of a 25% interest in British Energy

( October 31, 2008, 15:01 GMT | Official Statement) -- ****************************************Centrica plc ("Centrica") today announces a fully underwritten rights issue of 1,392,545,298 New Shares at a price of 160 pence per New Share on the basis of 3 New Shares for every 8 Existing Shares held on the record date of 14 November 2008 (the "Rights Issue"). This Rights Issue is intended to help fund Centrica's vertical integration strategy, either through the potential acquisition of a 25% interest in British Energy plc ("British Energy") or other vertical integration opportunities....

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