RNS Number : 1460L
  British Energy Group PLC
  06 January 2009
   

    6 January 2009

    BRITISH ENERGY BOND FINANCE PLC (formerly British Energy Holdings plc)

    NOTICE OF EARLY REDEMPTION OF BONDS

    Notice has been given to holders of British Energy Bond Finance plc up to �700,000,000 7 per cent. Guaranteed Bonds due 2005-2022 (the
"Bonds") that British Energy Bond Finance plc (formerly British Energy Holdings plc) (the "Issuer") will redeem the Bonds in whole on 10
February 2009 (the "Redemption Date") in accordance with Condition 3.2 (Optional early redemption by the Issuer) of the terms of the Bonds.

    The Bonds will be redeemed at the higher of (1) the Make Whole Amount, and (2) �520,903,205 being 101 per cent. of the Principal Amount
Outstanding of the Bonds, together with accrued and unpaid interest to (but excluding) the Redemption Date. The Make Whole Amount shall be
an amount calculated no earlier than three London Business Days prior to the Redemption Date, as determined by an independent investment
banking firm, using a standard market convention.


    Contact details

    Andrew Page 020 7266 8397          (Investor Relations)
    Andrew Dowler 020 7831 3113        (Media Enquiries)

    This announcement is a summary of the notification given to holders. A copy of the full text is available at the registered office of
the Issuer.




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