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SIP Operation

8th Dec 2005 16:45

National Grid PLC08 December 2005 National Grid plc (NG) 8 December 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 44,659 NG ordinary shares underthe scheme was confirmed by the Trustee yesterday, the shares having beenpurchased in the market on 7 December 2005, at a price of 540.5 pence per share,on behalf of some 2,700 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 23 Ordinary Shares 559,403 Ordinary SharesRoger Urwin 23 Ordinary Shares 1,501,131 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
FTSE 100 Latest
Value8,540.97
Change44.98