30DJ Nat.grid 2.817%

    National Grid Company Plc

RE: THE NATIONAL GRID COMPANY PLC
    GBP 50,000,000.00
    MATURING: 08/Jul/2032
    ISSUE DATE: 08/Jul/2002
    ISIN: XS0150038395

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
08/Jul/2006 TO 08/Jan/2007 HAS BEEN FIXED AT 3.208000 PCT

DAY BASIS 180/360

INTEREST PAYABLE VALUE 08/Jan/2007 WILL AMOUNT TO:
GBP 802,000.00 PER GBP 50,000,000.00 NOMINAL

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881

Nat.grid 2.817% (LSE:30DJ)
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