27th Apr 2007 12:00
National Grid PLC27 April 2007 27 April 2007 National Grid plc UPDATE ON NATIONAL GRID ACQUISITION OF KEYSPAN National Grid is pleased to announce that it has reached agreement in principlewith the staff of the New Hampshire Public Utilities Commission and the Officeof Consumer Advocate in New Hampshire on the acquisition of KeySpan. Formal filing of the settlement is expected to take place in mid May, along withtestimony from National Grid and the New Hampshire Public Utilities Commissionstaff. The filed agreement must be approved by the New Hampshire PublicUtilities Commission. Full terms of the settlement will be publicly available atthat time. Subject to the above statements, the sole remaining approval for the acquisitionis authorisation by the New York Public Service Commission (NYPSC). Contacts National Grid: InvestorsDavid Rees +44 (0)20 7004 3170 +44 (0)7901 511322 (m)Richard Smith +44 (0)20 7004 3172 +44 (0)7747 006321 (m)James Waite +44 (0)20 7004 3171 +44 (0)7977 440902 (m) MediaClive Hawkins +44 (0)20 7004 3147 +44 (0)7836 357173 (m) Brunswick:Paul Scott +44 (0)20 7396 5333 +44 (0)7974 982333(m) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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