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SIP Operation

11th Aug 2005 17:00

Transco Holdings PLC11 August 2005 Transco Holdings plc (THplc) 11 August 2005 NATIONAL GRID plc ('NG') SHARE INCENTIVE PLAN (THE "SIP") (Notification of Directors' Interestspursuant to Section 324(2) of the Companies Act 1985)---------------------------------------------------------------- Under the SIP scheme, operated through Towers Perrin Share Plan Services Limitedas Trustee, employees of NG may acquire ordinary shares in National Grid plc byregular monthly contributions. The current monthly purchase of 49,255 NGordinary shares under the scheme was confirmed by the Trustee, the shares havingbeen purchased in the market on 9 August, at a price of 520 pence per share, onbehalf of some 2,800 participants. The following Directors are beneficiaries of the number of shares purchased ontheir behalf: Director Shares purchased in SIPColin Buck 25Malcolm Cooper 25Mark Fairbairn 25Steven Holliday 25 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