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SIP Operation

9th Mar 2006 17:02

National Grid PLC09 March 2006 National Grid plc (NG) 9 March 2006 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 42,728 NG ordinary shares underthe scheme was confirmed by the Trustee yesterday, the shares having beenpurchased in the market on 7 March 2006, at a price of 590 pence per share, onbehalf of some 2,800 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 21 Ordinary Shares 559,468 Ordinary SharesRoger Urwin 21 Ordinary Shares 1,501,196 Ordinary Shares 281,977 B Shares- unchanged Contact: D C Forward, Assistant Secretary (0207 004 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