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SIP Operation

9th Aug 2006 16:50

National Grid Gas Holdings PLC09 August 2006 National Grid Gas Holdings plc ('NGGH') - 9 August 2006 NATIONAL GRID plc ('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 of National Grid may acquire ordinary shares in NationalGrid plc (NG.) by regular monthly contributions. The current monthly purchase of40,651 NG. ordinary shares under the scheme was confirmed by the Trusteeyesterday, the shares having been purchased in the market on 7 August 2006, at aprice of 612.66 pence per share, on behalf of some 2,750 participants. The following Directors are beneficiaries of the number of shares purchased ontheir behalf: Director Shares purchased in SIP Resulting total interestMalcolm Cooper 20 Ordinary Shares 175,252 Ordinary Shares 2,148 B SharesMark Fairbairn 20 Ordinary Shares 242,887 Ordinary Shares 6,132 B SharesSteven Holliday 20 Ordinary Shares 535,146 Ordinary Shares Nil- B sharesAdam Wiltshire 20 Ordinary Shares 16,983 Ordinary Shares 2,006 B Shares Contact: D C Forward, NG 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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