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SIP Operation

11th Oct 2005 16:16

National Grid PLC11 October 2005 National Grid plc (NG) 11 October 2005 NG SHARE INCENTIVE PLAN (the "SIP") (Notification of Directors' Interests, pursuant to Section 324(2) of theCompanies Act 1985) -------------------------------------------------------------------------------- Under the SIP scheme, operated through Towers Perrin Share Plan Services Limitedas Trustee, employees may acquire NG ordinary shares by regular monthlycontributions. The current monthly purchase of 46,578 NG ordinary shares underthe scheme was confirmed by the Trustee yesterday, the shares having beenpurchased in the market on Friday, 7 October 2005, at a price of 529.5 pence pershare, on behalf of some 2,750 participants. The following executive Directors of NG are beneficiaries of the number ofshares purchased on their behalf: Director Shares purchased in SIP Resulting total interestSteven Holliday 24 Ordinary Shares 559,356 Ordinary SharesRoger Urwin 24 Ordinary Shares 1,501,084 Ordinary Shares 281,977 B Shares- unchanged Contact: D C Forward, Assistant Secretary (020 7004 3226) This information is provided by RNS The company news service from the London Stock Exchange

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National Grid
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Value8,540.97
Change44.98