2007/08 – Performance Summary

A brief synopsis of the results and performance of the Company (see Important Information).

• Introduction
• Results & Highlights
• Dividend
• Website
• Electronic
  Communications
• AGM
• Outlook
• Important
  Information

Below are some key facts which highlight our financial performance for the year ended 31 March 2008

• £11,423m

  Revenue*

  31.4%

• £2,595m

  Adjusted operating profit*†

  27.8%

• £2,964m

  Operating profit*

  17.9%

• £3,265m

  Cash generated from operations*

  5.7%

• £3,053m

  Capital expenditure*

  30.2%

• 33.0p

  Ordinary dividends

  15%

• 48.0p

  Adjusted earnings per share*†

  25.3%

• 60.5p

  Earnings per share*

  25.8%

• 11.8%

  Return on equity

  Three year average

* for continuing operations
† excludes the impact of exceptional items, remeasurements and stranded cost recoveries