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SIP Operation

8th Nov 2005 16:29

National Grid PLC08 November 2005 National Grid plc (NG) 8 November 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 46,558 NG ordinary shares underthe scheme was confirmed by the Trustee yesterday, the shares having beenpurchased in the market on 7 November 2005, at a price of 526.84 pence pershare, on behalf of some 2,750 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 24 Ordinary Shares 559,380 Ordinary SharesRoger Urwin 24 Ordinary Shares 1,501,108 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