§ Mr. DobsonTo ask the Secretary of State for Energy when he expects to announce the price of shares in the electricity distribution companies.
§ Mr. Peter MorrisonMy right hon. Friend the Secretary of State will announce the price of the shares in the 12 regional electricity companies on impact day. It is expected that will be during November 1990.
288W
§ Mr. DobsonTo ask the Secretary of State for Energy when the television advertising campaign to sell the electricity distribution companies will commence.
§ Mr. Peter MorrisonAdvertising to publicise the offer for sale of the 12 regional electricity companies will be undertaken to inform the public of the forthcoming flotations. It would be premature to set out provisional plans, which are subject to matters that will not be resolved until much nearer the time of flotations.
§ Mr. DobsonTo ask the Secretary of State for Energy when he expects to have the estimated total of expenditure on advertising the sale of the electricity distribution companies.
§ Mr. Peter MorrisonI have nothing further to add to the answers that my right hon. Friend the Secretary of State gave to the hon. Member on 1 May and 6 June 1990.