UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
THE ENERGY GROUP PLC
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(Name of Issuer)
ORDINARY SHARES OF 10p EACH
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(Title of Class of Securities)
_________________
(CUSIP Number)
Peter B. Tinkham, Esq.
Texas Utilities Company
Secretary and Assistant Treasurer
1601 Bryan Street
Dallas, Texas 75201
(214)-812-4600
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(Name, Address and Telephone Number of
Person Authorized to Receive Notices and Communications)
March 17, 1998
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this Schedule because of
Rule 13d-1(b)(3) or (4), check the following box [ ].
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934, as amended (the "Act") or
otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however,
see the Notes).
<PAGE>
SCHEDULE 13D
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CUSIP No. ____________
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1 NAME OF REPORTING PERSON
Texas Utilities Company
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
I.R.S. Employer Identification No. 75-2669310
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
BK, OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7 SOLE VOTING POWER
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8 SHARED VOTING POWER
114,400,000 ordinary shares(1)
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9 SOLE DISPOSITIVE POWER
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10 SHARED DISPOSITIVE POWER
114,400,000 ordinary shares(1)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
114,400,000 ordinary shares(1)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
22.0%(1)
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14 TYPE OF REPORTING PERSON*
HC
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(1) Represents shares owned by TU Acquisitions PLC, an
indirect wholly-owned subsidiary of Texas Utilities
Company.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
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CUSIP No. ____________
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1 NAME OF REPORTING PERSON
TU Acquisitions PLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
None
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
England & Wales
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7 SOLE VOTING POWER
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8 SHARED VOTING POWER
114,400,000 ordinary shares
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9 SOLE DISPOSITIVE POWER
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10 SHARED DISPOSITIVE POWER
114,400,000 ordinary shares
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
114,400,000 ordinary shares
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
22.0%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Texas Utilities Company, a Texas corporation ("Texas
Utilities"), and TU Acquisitions PLC, a public limited company
organized under the laws of England and Wales and an indirect
wholly-owned subsidiary of Texas Utilities ("TU Acquisitions"),
hereby amend and supplement their Schedule 13D (the "Statement"),
originally filed on March 12, 1998, with respect to the purchase
by TU Acquisitions of ordinary shares of 10p each ("Energy Group
Shares") of The Energy Group PLC, a public limited company
organized under the laws of England and Wales ("The Energy
Group"). Energy Group Shares and American Depositary Shares of
The Energy Group, each representing four Energy Group Shares and
evidenced by American Depositary Receipts, are collectively
referred to herein as "Energy Group Securities". Capitalized
terms not defined herein have the meanings assigned thereto in
the Statement.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) through (c). The information set forth below
amends and supplements the information included under Item 5,
subsections (a) through (c), of the Statement.
On March 17, 1998, Texas Utilities issued a press
release in the United States, a copy of which is filed as
Exhibit (2)(c) and is incorporated herein by reference. On
March 17, 1998, Texas Utilities issued a press release in the
United Kingdom, a copy of which is filed as Exhibit (2)(d) and is
incorporated herein by reference. The Energy Group Shares
purchased by TU Acquisitions on March 3 and 4, 1998, together
with the Energy Group Shares purchased by TU Acquisitions on
March 17, 1998, represent 21.96% of the total outstanding Energy
Group Securities. All purchases were made by Merrill Lynch on
the London Stock Exchange on behalf of TU Acquisitions.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
EXHIBIT DESCRIPTION
(2)(c) Text of US press release of Texas Utilities dated
March 17, 1998.
(2)(d) Text of UK press release of Texas Utilities dated
March 17, 1998.
<PAGE>
SIGNATURE
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After reasonable inquiry and to the best of its
knowledge and belief, each of the undersigned certifies that the
information set forth in this Statement is true, complete and
correct.
Dated: March 18, 1998
TU ACQUISITIONS PLC
By: /s/ H. Jarrell Gibbs
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Name: H. Jarrell Gibbs
Title: Director
TEXAS UTILITIES COMPANY
By: /s/ Robert S. Shapard
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Name: Robert S. Shapard
Title: Treasurer and
Assistant Secretary
<PAGE>
EXHIBIT INDEX
EXHIBIT DESCRIPTION
(2)(c) Text of US press release of Texas Utilities dated
March 17, 1998.
(2)(d) Text of UK press release of Texas Utilities dated
March 17, 1998.
Exhibit (2)(c)
[TEXAS UTILITIES COMPANY LETTERHEAD]
ENERGY PLAZA 1601 Bryan Street Dallas, Texas 75201 (214) 812-
4600 NEWS
RELEASE
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FOR IMMEDIATE RELEASE
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TEXAS UTILITIES COMPANY
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OFFER FOR
THE ENERGY GROUP PLC
DALLAS, TEXAS March 17, 1998 Texas Utilities Company
(NYSE:TXU) announces that, following the receipt yesterday of US
regulatory clearance to do so, it has today acquired a further
36.9 million Energy Group Shares at 840 pence per share,
representing approximately 7.1% of The Energy Group's issued
share capital, and now holds 114.4 million Energy Group Shares,
representing approximately 21.96% of The Energy Group's issued
share capital.
Texas Utilities Company is an investor-owned holding company
for energy service companies engaged in domestic and
international electric and natural gas utility services, energy
marketing, telecommunications, and other energy-related services.
-END-
FOR ADDITIONAL INFORMATION CONTACT:
DAVID ANDERSON TIM HOGAN
214/812-4641 OR 214/812-2756
[email protected] [email protected]
Exhibit (2)(d)
[TEXAS UTILITIES COMPANY Logo] News Release
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION
IN OR INTO CANADA, AUSTRALIA OR JAPAN
17 MARCH 1998
TEXAS UTILITIES COMPANY
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OFFER FOR
THE ENERGY GROUP PLC
TEXAS UTILITIES HOLDS 21.96 PER CENT. OF THE ENERGY GROUP
Texas Utilities announces that, following the receipt yesterday
of US regulatory clearance to do so, it has today acquired a
further 36.9 million Energy Group Shares at 840 pence per share,
representing approximately 7.1 per cent. of The Energy Group's
issued share capital, and now holds 114.4 million Energy Group
Shares, representing approximately 21.96 per cent. of The Energy
Group's issued share capital.
Enquiries:
TEXAS UTILITIES COMPANY
David Anderson (Investors) Telephone: +1-214-812 4641
Joan Hunter (Press) Telephone: +1-214-812 4071
LEHMAN BROTHERS INTERNATIONAL Telephone: +44-171-601 0011
Richard Collier
Anthony Fobel
MERRILL LYNCH INTERNATIONAL Telephone: +44-171-628 1000
Justin Dowley
Lewis Lee
Martin Falkner
MERRILL LYNCH CORPORATE BROKING Telephone: +44-171-772 1000
Mike Gibson
Stephen Robinson
FINANCIAL DYNAMICS Telephone: +44-171-831 3113
Nick Miles
Andrew Dowler
The definitions set out in the offer document dated 10 March 1998
apply in this announcement.
The Texas Utilities Offer is not being made, directly or
indirectly, in or into Canada, Australia or Japan. Accordingly,
copies of this announcement are not being, and must not be,
mailed or otherwise distributed or sent in or into Canada,
Australia or Japan.
Lehman Brothers and Merrill Lynch, which are regulated in the
United Kingdom by The Securities and Futures Authority Limited,
are acting for Texas Utilities and TU Acquisitions and no one
else in connection with the Texas Utilities Offer and will not be
responsible to anyone other than Texas Utilities and TU
Acquisitions for providing the protections afforded to their
respective customers or for providing advice in relation to the
Texas Utilities Offer or any other matter referred to herein.
Lehman Brothers and Merrill Lynch are acting through Lehman
Brother Inc. and Merrill Lynch & Co., respectively, for the
purposes of making the Texas Utilities Offer in the United
States.
END
