Company Profile For Centrica Plc

Centrica plc is an integrated energy company. The Company’s main operations are in the United Kingdom, North America and Europe. It has two types of business: downstream and upstream. It supplies energy to homes and to businesses, and provides home and energy services. Downstream businesses include British Gas, Direct Energy in North America, and retail operations in Europe. It generates electricity and produces gas, and buys, stores and sells energy internationally. Upstream businesses include Centrica Energy in the United Kingdom, Norway, Nigeria and Trinidad; Centrica Storage in the United Kingdom; Direct Energy in North America, and assets and trading operations in Europe. In January 2009, it acquired GDF Suez SA’s 25.5% stake in SPE SA, giving Centrica plc a controlling 51% shareholding in SPE SA. In June 2009, it acquired Energy and Building Management Solutions Limited. As of September 4, 2009, the Company had acquired approximately 77.11% interest in Venture Production plc.

BRIEF: For the six months ended 30 June 2009, Centrica plc's revenues increased 20% to £11.7M. Net income from continuing operations decreased 87% to £217M. Revenues reflect an increase in sales contributed by British Gas Residential, British Gas Business and British Gas Services divisions. Net income was offset by increase in cost of sales, decreased gross margins, presence of impairment of goodwill and higher interest expenses.

Centrica Plc
Millstream
Maidenhead Road
Windsor   ENG   SL4 5GD
P: +441753.494000
F: +441753.494001

32817