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SIP Operation

10th May 2007 17:26

National Grid PLC10 May 2007 National Grid plc (NG) 10th May 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 30,013 NG ordinary shares underthe scheme was confirmed by the Trustee yesterday, the shares having beenpurchased in the market on 8 May, at a price of 776 pence per share, on behalfof some 2,550 participants. The following executive Directors of NG are beneficiaries of the number ofshares purchased on their behalf: Director Shares purchased in SIPMark Fairbairn 16 Ordinary SharesSteven Holliday 16 Ordinary Shares The Directors total interests after these events are: Director Resulting total interestSteven Holliday 535,301 Ordinary Shares Nil- B shares - unchanged Mark Fairbairn 245,494 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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Value8,540.97
Change44.98