BG Group Endorses the Equator Principles

Reading, UK - 2 July 2003 - GB Group

BG Group of the UK, a leading sponsor of projects, has endorsed the adoption of Equator Principles by banks. Craig Cowley, Head of Structured Finance of BG Group, in a letter to the adopting banks, said that BG Group believes that "the Principles will make a valuable contribution in encouraging good quality environmental and social management of projects." He also said that BG Group welcomes "financial institutions adhering to a common standard in respect of environmental and social issues when providing finance."