The provision of banking services to South East Water.

Ltd, including.

a) Operation of approx 20 group bank accounts

b) Collection services

c) Payment services

d) Electronic banking

e) As cash manager during Standstill

f) As provider of an overdraft of 2.5m pounds (As an option for SEW to call on at its discretion)

g) Operation of fixed term treasury deposit facility

h) Provision of electronic imaging in respect of customer correspondence received through the cash processing centre