Reduction of Capital

BRITISH ENERGY PLC

(Registered Number 162273)

Notice is hereby given that on 14 January 2005, a certified copy of the interlocutor pronounced by Lord Eassie in the Court of Session on 14 January 2005, inter alia (i) sanctioning the scheme of arrangement dated 29 November 2004 (the “Members’ Scheme”) under section 452 of the Companies Act 1985 (the “Act”) between British Energy plc, a Company incorporated under the Companies Acts and having its registered office at Systems House, Alba Campus, Livingston EH54 7EG (the “Company”) and the holders of Scheme Shares (as defined in the Members’ Scheme); and (ii) confirming the reductions of the Company’s share capital resolved upon by Special Resolution of the Company passed on 22 December 2004, was registered with the Registrar of Companies in Scotland together with (a) a certified copy of the Members’ Scheme; (b) an application by the Company for re-registration of the Company as a private company; (c) the revised Memorandum of Association and Articles of Association of the Company reflecting the Company’s re-registration as a private company; and (d) a copy of a minute in terms of section 138 of the Act approved by Lord Eassie on 14 January 2005, in connection with the said reductions of capital.

MacRoberts, Solicitors

Excel House, 30 Semple Street, Edinburgh EH3 8BL. Agent for British Energy plc.