Macquarie led consortium to acquire Thames Water

Macquarie Bank notes the attached release made in London overnight in relation to the conditional agreement for the acquisition of Thames Water by a Macquarie-led consortium.

Macquarie also notes that it intends to invest approximately £250 million in the Consortium for an 11 percent stake.

The investment is not expected to have a material impact on the Bank's Tier 1 capital position.