Transco plc and British Transco International Finance B.V. announce the repurchase of U.S.$34.5m in aggregate of Tranche 1 of the U.S.$300m 6.625% Instruments due 22 July 2004 for cancellation. Following the repurchase, the amount of such securities outstanding is U.S.$265.5m.
Contact: Andrew Kluth (Tel: 020 7004 3365)