Purchase of Own Securities

Purchase of Own Securities 

    LONDON--(BUSINESS WIRE)--Feb. 20, 2003--

Please be advised that the following has been partially repurchased;

ISIN: XS0094073672
Issuer: National Grid Transco
Value Date: 13 Feb 2003
Repurchase amount: GBP 2,500,000.00
New amount O/S: GBP 447,500,000.00

   Short Name: National GridTransco
   Category Code: POS
   Sequence Number: 00002161
   Time of Receipt (offset from UTC): 20030220T161750+0000