HM Treasury News Release 43/97 13 May 1997 _____________________________________________________________ WINDFALL LEVY HANDLING OF REPRESENTATIONS FROM UTILITIES Geoffrey Robinson MP, Paymaster General at the Treasury, said today that, in designing the windfall levy, he would be willing to take into account any representations from companies on its technical operation. Representations should be submitted by the end of May 1997. Notes to Editors 1. The Government is committed to introduce a one-off windfall levy on the excess profits of the utilities. 2. Details of the levy will be announced in the Chancellor of the Exchequer's first Budget. 3. Companies wishing to make a representation should write to Mike Williams, Deputy Director, Industry, Room 82/G, HM Treasury, Parliament Street, London, SW1P 3AG (0171 270 4449). 4. If you have access to the Internet, you can find this information at http://www.hm-treasury.gov.uk. Material on other Treasury issues can also be found at this address.