GLAS CYMRU FIFTH YEAR ANNIVERSARY

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That this House notes that 11th May 2006 marks the 5th anniversary of Glas Cymru's purchase of Dwr Cymru Welsh Water; recognises that the company is unique amongst utility companies in having no shareholders and re-invests any financial surpluses for the benefit of its customers; congratulates Glas Cymru for its recent £19 dividend to customers this year, costing £23 million in total; further notes that this year Dwr Cymru Welsh Water topped the industry league table for service and attracted substantial interest from around the world; congratulates Glas Cymru on five successful years; and believes that Glas Cymru is a company of which Wales and the whole of the UK utilities industry can be justly proud.