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SIP Operation

9th Jan 2007 17:10

National Grid PLC09 January 2007 National Grid plc (NG) 9th January 2007 (Notification of Directors' Interests, pursuant to Section 324(2) of the Companies Act 1985) -------------------------------------------------------------------------------- NG SHARE INCENTIVE PLAN (the "SIP") 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 34,212 NG ordinary shares underthe scheme was confirmed by the Trustee, on the shares having been purchased inthe market, yesterday, at a price of 725 pence per share, on behalf of some2,700 participants. The following executive Directors of NG are beneficiaries of the number ofshares purchased on their behalf: Director Shares purchased in SIPMark Fairbairn 17 Ordinary SharesSteven Holliday 17 Ordinary Shares The Directors total interests after these events are: Director Resulting total interestSteven Holliday 535,237 Ordinary Shares Nil- B shares - unchangedMark Fairbairn 245,137 Ordinary Shares B Shares- 6,132- 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