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SIP Operation

7th Jun 2005 16:18

Transco Holdings PLC07 June 2005 Transco Holdings plc (THplc) 7 June 2005 NATIONAL GRID TRANSCO plc ('NGT') SHARE INCENTIVE PLAN (THE "SIP") (Notification of Directors' Interests pursuant to Section 324(2) of the Companies Act 1985) ---------------------------------------------------------------- Under the SIP scheme, operated through Towers Perrin Share Plan Services Limitedas Trustee, employees of NGT may acquire ordinary shares in National GridTransco plc (NGT) by regular monthly contributions. The current monthly purchaseof 59,810 NGT ordinary shares under the scheme was confirmed by the Trustee, theshares having been purchased in the market today at a price of 545 pence pershare, on behalf of some 3,700 participants. The following Directors are beneficiaries of the number of shares purchased ontheir behalf: Director Shares purchased in SIP Resulting total interest Colin Buck 23 122,903Malcolm Cooper 23 147,670Mark Fairbairn 23 205,450Steven Holliday 24 630,285 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