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Centrica PLC Capital/Financing Update 2013

Sep 24, 2013

5292_prs_2013-09-24_c7912600-5805-4c81-a1dd-28fb020e346f.pdf

Capital/Financing Update

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FINAL TERMS

23 September, 2013

CENTRICA PLC Issue of U.S.\$80,000,000 Floating Rate Notes due September, 2020 under the U.S.\$8,000,000,000 Euro Medium Term Note Programme

PART A — CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions set forth in the Base Prospectus dated 26 September, 2012 and the supplements to it dated 27 March, 2013 and 16 August, 2013 which together constitute a base prospectus for the purposes of the Prospectus Directive (the Base Prospectus). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus has been published on http://www.londonstockexchange.com/exchange/news/market-news/market-newshome.html.

1. Issuer: Centrica plc
2. (i) Series Number: 23
(ii) Tranche Number: 1
(iii) Date
on
which
the
Notes
will
be
consolidated and form a single Series:
Not Applicable
3. Specified Currency or Currencies: United States Dollars ("U.S.\$")
4. Aggregate Nominal Amount:
(i) Series: U.S.\$80,000,000
(ii) Tranche: U.S.\$80,000,000
5. (i) Issue Price: 100.00 per cent. of the Aggregate Nominal Amount
6. (i) Specified Denomination(s): U.S.\$200,000
(ii) Calculation Amount: U.S.\$200,000
7. (i) Issue Date: 25 September, 2013
(ii) Interest Commencement Date (if different
from the Issue Date):
Issue Date
8. Maturity Date: Interest Payment Date falling in or nearest to
September, 2020
9. Interest Basis: 3 month U.S.\$ LIBOR + 1.00 per cent. Floating Rate
(further particulars specified below)
10. Redemption Basis: Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent. of their nominal
amount
11. Change of Interest Basis: Not Applicable
12. Put/Call Options: Not Applicable
13. (i) Status of the Notes: Senior
(ii) Date Board approval for issuance of
Notes obtained:
Board approval for the delegation of powers to a
committee obtained on 25 September, 2012.
Committee approval obtained on 25 September,

2012.

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14. Fixed Rate Note Provisions Not Applicable
15. Floating Rate Note Provisions Applicable
(i) Specified Period(s)/Specified Interest
Payment Dates:
Quarterly in arrear on 25 March, 25 June, 25
September and 25 December in each year from
(and including) 25 December, 2013 up to (and
including) the Maturity Date, subject to adjustment
in accordance with the Business Day Convention
set out below.
(ii) Business Day Convention: Modified Following Business Day Convention
(iii) Additional Business Centre(s): London and New York
(iv) Manner in which the Rate of Interest and
Interest Amount is to be determined;
Screen Rate Determination
(v)
Party responsible for calculating the Rate
of Interest and Interest Amount (if not the
Principal Paying Agent):
Not Applicable
(vi) Screen Rate Determination:
1. Reference Rate and Relevant
Financial Centre:
Reference Rate: 3 month U.S.\$ LIBOR
Relevant Financial Centre: London
2. Interest Determination Date(s): Second London business day prior to the start of
each Interest Period.
3. Relevant Screen Page: Reuters screen "LIBOR01"
(vii) ISDA Determination: Not Applicable
(viii) Margin(s): + 1.00 per cent. per annum
(ix) Minimum Rate of Interest: Zero (0) per cent. per annum
(x) Maximum Rate of Interest: Not Applicable
(xi) Day Count Fraction: Actual/360
16. Zero Coupon Note Provisions Not Applicable
PROVISIONS RELATING TO REDEMPTION
17. Notice periods for Condition 7(b): Minimum period:
Maximum period:
30 days
60 days
18. Issuer Call: Not Applicable
19. General Investor Put: Not Applicable
20. Change of Control Investor Put: Not Applicable
21. Final Redemption Amount of each Note: U.S.\$200,000 per Calculation Amount
22. Early Redemption Amount of each Note payable on
redemption for taxation reasons or on event of
default:
U.S.\$200,000 per Calculation Amount
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23. Form of Notes:
(i) Form Bearer Notes:
Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable for
definitive Bearer Notes only upon an Exchange
Event
(ii) New Global Note: Yes
24. Additional Financial Centre(s): London and New York
Signed on behalf of Centrica plc:

By:................................................... By:………………………………………

Duly authorised Duly authorised

PART B — OTHER INFORMATION

1. LISTING AND ADMISSION TO TRADING

(i) Listing and Admission to trading Application has been made by the Issuer (or on its behalf) for
the Notes to be admitted to trading on the London Stock
Exchange's regulated market and listing on the Official List of
the UK Listing Authority with effect from 25 September, 2013.
(ii) Estimate of total expenses related to
admission to trading:
£2,700
2. RATINGS
Ratings:
The Notes to be issued are expected to be rated A3 by
Moody's Investors Service Ltd and A- by Standard & Poor's

Credit Market Services Europe Limited.

3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save for any fees payable to the Dealer, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the offer. The Dealer and its affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.

4. OPERATIONAL INFORMATION

(i) ISIN Code: XS0975608208
(ii) Common Code: 097560820
(iii) Any clearing system(s) other than
Euroclear
Bank
S.A./N.V.
and
Clearstream,
Luxembourg,
société
anonyme
and
the
relevant
identification number(s):
Not Applicable
(iv) Names and addresses of additional
Paying Agent(s) (if any):
Not Applicable
(v) Names of Managers: Not Applicable
(vi) Name of Dealer: Société Générale
(vii) U.S. Selling Restrictions: Reg. S Compliance Category 2; TEFRA D