Coronavirus Update

Centrica Plc - Renewal of Revolving Credit Facilities

Centrica plc announces today the renewal of a series of bilateral Committed Revolving Credit Facilities with 21 banks with an initial maturity date of February 2024 in the aggregate amount of £4.2bn. This replaces the majority of the Company's existing Revolving Credit Facilities which were due to expire in 2021.  These new five-year facilities have two separate one-year extension options exercisable by mutual consent on the first and second anniversary of the facility. Accordingly, the facilities have a maximum duration of seven years.

Chris O'Shea, Executive Director and Group Chief Financial Officer, said: "We are pleased to confirm the renewal of our Revolving Credit Facilities. Following the successful completion of our liability management programme last year, this positions the Company's balance sheet well for the future."