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SIP Operation

8th Nov 2006 16:54

National Grid PLC08 November 2006 National Grid plc (NG) 8 November 2006 (Notifications 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 37,269 NG ordinary shares underthe scheme was confirmed by the Trustee yesterday, on the shares having beenpurchased in the market, at a price of 671.8 pence per share, on behalf of some2,700 participants. The following executive Directors of NG are beneficiaries of the number ofshares purchased on their behalf: Director Shares purchased in SIPSteven Holliday 19 Ordinary SharesRoger Urwin 19 Ordinary Shares The Directors total interests after these events are: Director Resulting total interestSteven Holliday 535,203 Ordinary Shares Nil- B shares - unchangedRoger Urwin 1,235,160 Ordinary Shares B Shares- 58,397- 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