Cascal N.V. Announces Partial Exercise of Over-allotment Option by Underwriters

London - 8 February 2008 - Cascal N.V. (NYSE: HOO) ("Cascal") today announced that the underwriters of its recent initial public offering have completed the purchase of 690,800 common shares of Cascal upon the partial exercise of the over-allotment option granted to the underwriters by an indirect subsidiary of Biwater plc. Cascal will not receive any of the proceeds from the sale of these shares.

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