Ann: Proposed issue of securities - NWE, page-9

Thanks Steele

I was interested in any comment that referenced any suggestions that MIN may be interested in moving further up the NWE share register, being a shareholder of both companies. I thought you may have 'divined' some clues to this in the NWE options announcement. I am contemplating increasing my holdings in one or other of these companies while the market goes soft over coming weeks, Regards