2nd Sep 2005 16:57
National Grid PLC02 September 2005 National Grid plc ("NG") 2 September 2005 Notification of Directors' Interests pursuant to Section 324(2) of the CompaniesAct 1985 Following the implementation of the Return of Cash to Shareholders (furtherdetails of which are contained in the Circular to Shareholders dated 6 June2005) and the admission of New Ordinary Shares and B Shares in National Grid plcto the Official List on 1 August 2005, the interests of the Directors of NG inthe shares of NG have changed. Executive Directors' options under share schemesremain unchanged. We have been notified of the following revised interests following the Return ofCash to Shareholders: Director New Ordinary Shares B Shares (Nominal Value 1117/43p) (Nominal Value 10p)Executive Directors:Edward Astle 26,036 0Steve Holliday 27,880 0Mike Jesanis 3,121 0Steve Lucas 97,139 318Roger Urwin 247,447 281,977Nick Winser 37,979 11,978Non-executive Directors:John Allan Unchanged at 2,000 0John Grant 8,775 0Ken Harvey 3,399 3,874Paul Joskow 4,385 0Sir John Parker 45,832 0Stephen Pettit 2,632 0Maria Richter 1,755 0George Rose 4,409 5,025 In addition to the interests above and those options under share schemes inwhich they are interested, certain of the Executive Directors are, for CompaniesAct purposes, deemed to be technically interested in NG New Ordinary Shares andB Shares held by various of the share scheme trusts as follows: Shares held by Executive Directors deemed Notes technically interestedThe National Grid Group QUEST Edward Astle The interest ceases as and whenTrustee Company Limited as trustee shares are transferred tofor the National Grid Group plc Steve Holliday participants who exercise theirQualifying Employee Share Ownership Sharesave scheme options.Trust (the "Quest") Steve Lucas Roger Urwin Nick Winser Towers Perrin Share Plan Services Edward Astle The interest ceases as and when(Guernsey) Limited as trustee for shares are transferred tothe National Grid Transco 1996 Steve Holliday participants who exercise theirEmployee Benefit Trust options under the Share Matching Roger Urwin Scheme or the Executive Share Option Plan. Nick Winser Towers Perrin Share Plan Services Edward Astle The interest ceases as and whenLimited as trustee for the National shares are transferred toGrid Transco plc Share Incentive Steve Holliday participants pursuant to the rulesPlan (the "SIP") of the SIP. Steve Lucas Roger Urwin Nick Winser Mourant & Co. Trustees as trustee Steve Lucas The interest ceases as and whenof the Lattice Group Employees shares are transferred toShare Trust participants pursuant to the rules of the Lattice Group Long Term Incentive Scheme. Lattice Group Trustees Limited as Steve Lucas The interest ceases as and whentrustee of the Lattice Group shares are transferred toEmployee Share Ownership Trust participants pursuant to the rules of the Lattice Group Short Term Incentive Scheme. Towers Perrin Share Plan Services Edward Astle The interest ceases as and when(Guernsey) Limited as trustee for shares are transferred tothe National Grid Transco Group Steve Holliday participants who exercise theirEmployee Share Trust options under the Share Matching Steve Lucas Scheme or pursuant to the rules of the Performance Share Plan. Roger Urwin Nick Winser Contact: Richard Eves +44 (0) 20 7004 3225 Helen Richardson +44 (0) 20 7004 3228 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
National Grid