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SIP Operation

11th Aug 2005 16:57

National Grid PLC11 August 2005 National Grid plc (NG.)11 August 2005 SHARE INCENTIVE PLAN (the "SIP")- August 2005 Operation (Notification of Directors' Interests, pursuant to Section 324(2)of the Companies 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 49,255 NG ordinary shares underthe scheme was confirmed by the Trustee, the shares having been purchased in themarket on Tuesday 9th August 2005, at a price of 520 pence per share, on behalfof some 2,800 participants. The following Executive Directors are beneficiaries of the number of sharespurchased on their behalf: Director Shares purchased in SIP Steven Holliday 25Roger Urwin 25 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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