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Scottish Power PLC - Listing of New Ords and B Shares

This document should not be transmitted, distributed or released in or into any jurisdiction in which such an act would constitute a violation of the relevant laws of such jurisdiction.

15 May 2006

                           Scottish Power plc

                Listing of New Ordinary Shares and B Shares

The Board of Scottish Power plc is pleased to announce that, following the approval by Shareholders of the proposed Return of Cash at the EGM on 4 May 2006, the Return of Cash is now being implemented. It is expected that New Ordinary Shares and B Shares in Scottish Power plc will be admitted to the Official List and to trading on the market for listed securities of the London Stock Exchange and trading is expected to commence at 8.00 a.m. today. Further details of the Return of Cash are contained in the Circular and the US Supplemental Memorandum, each dated 31 March 2006.

On admission, a total of 1,485,952,052 New Ordinary Shares of 42 pence each and 623,864,749 B Shares of 50 pence each will be in issue.

The latest time for receipt of Election Forms and TTE instructions from CREST holders in relation to the B Share Alternatives is 4.30pm on Friday 19 May 2006. It is expected that the Single B Share Dividend will be declared and the Initial Repurchase Offer made on Monday 22 May 2006.

Expected timetable of outstanding principal events:

New Ordinary Shares and B Shares admitted
to the Official List and admitted to trading
on the London Stock Exchange's main market for
listed securities                               8.00 am on Monday 15 May


Commencement of dealings in the New Ordinary
Shares and B Shares and enablement in CREST     8.00 am on Monday 15 May


Latest time for receipt of election forms and
TTE instructions from                           4.30 pm on Friday 19 May

CREST holders in relation to the B Share
alternatives B Share record date                6.00 pm on Friday 19 May

Single B Share Dividend declared and B Shares
in respect of which the Single B Share Dividend
is payable convert into deferred shares         Monday 22 May

Scottish Power plc acquires B Shares under the
Initial Repurchase Offer made by means of an
announcement on the Regulatory News Service of
the London Stock Exchange                       Monday 22 May

Despatch of new ordinary share certificates,
retained B Share certificates, sale advices,
cheques in respect of the Single B Share
Dividend and/or B Shares purchased under the
Initial Repurchase Offer, as appropriate, and
cheques for fractional entitlements, and CREST
accounts credited with the proceeds             Monday 5 June

Notes:

All capitalised terms shall have the meanings given to them in the Circular and the US Supplemental Memorandum, each dated 31 March 2006.

For further information:

Colin McSeveny       Head of Media Relations             0141 566 4798

Jennifer Lawton      Director, Investor Relations        0141 636 4527


                      This information is provided by RNS
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