58LI Nat.gas.t1.6783

    

National Grid Gas PLC




As Agent Bank, please be advised of the following rate determined on: 18-Jun-2007

Issue               : National Grid Gas Plc - Series 47
                      GBP 50,000,000.00 Index Linked Instruments FRN Due 30-Jan-2037
ISIN Number         : XS0283715604
Common Code/        : 28371560
144A ISIN
Issue Nomin     GBP : 50,000,000.00
Period              : 30-Jul-2007 to 30-Jan-2008          Payment Date 30-Jan-2008
Number of Days      : 184
Rate                : 1.75046
Denomination GBP    : 50,000.00                   50,000,000.00

Amount Payable
per Denomination    : 437.62            437,620.00

Bank of New York
Rate Fix Desk                           Telephone 44 1202 689580
Institutional Trust Services  Facsimille          44 1202 689601

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