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SIP Operation

9th Mar 2006 17:12

National Grid Gas Holdings PLC09 March 2006 National Grid Gas Holdings plc ('NGGH') - 9 March 2006 NATIONAL GRID plc ('NG') SHARE INCENTIVE PLAN (THE "SIP") (Notification of Directors' Interests pursuant to Section 324(2) of theCompanies 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(NG) by regular monthly contributions. The current monthly purchase of 42,728NG ordinary shares under the scheme was confirmed by the Trustee yesterday, theshares having been purchased in the market on 7 March 2006 at a price of 590pence per share, on behalf of some 2,800 participants. In addition to the above, Mark Fairbairn sold 2,500 shares on 2nd March 2006 at605p per share. The following Directors are beneficiaries of the number of shares purchased ontheir behalf: Director Shares purchased in SIP Resulting total interest Colin Buck 21 Ordinary Shares 114,508 Ordinary SharesMalcolm Cooper 21 Ordinary Shares 165,380 Ordinary Shares 2,148 B SharesMark Fairbairn 21 Ordinary Shares 244,224 Ordinary Shares 6,132 B SharesSteven Holliday 21 Ordinary Shares 559,468 Ordinary Shares Contact: D C Forward, NG 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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