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SIP Operation

8th Feb 2007 16:58

National Grid PLC08 February 2007 National Grid plc (NG) 8th February 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 Limited as Trustee, employees may acquire NGordinary shares by regular monthly contributions. The current monthly purchase of 31,533 NG ordinary shares under thescheme was confirmed by the Trustee, on the shares having been purchased in the market, yesterday, at a price of 780pence per share, on behalf of some 2,700 participants. The following executive Directors of NG are beneficiaries of the number of shares purchased on their behalf: Director Shares purchased in SIP Mark Fairbairn 16 Ordinary SharesSteven Holliday 16 Ordinary Shares The Directors total interests after these events are: Director Resulting total interest Steven Holliday 535,253 Ordinary Shares Nil- B shares - unchanged Mark Fairbairn 245,219 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
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Change44.98