Annual Report and Accounts

National Grid Transco PLC
11 June 2003


11th June 2003


                       National Grid Transco plc ('NGT')

                   Publication of Annual Report and Notice of
                             Annual General Meeting


NGT has issued the following documents in respect of its Annual Report and
Accounts, and the AGM to be held on 21 July 2003:

- Annual Report and Accounts 2002/03;

- Annual Review 2002/03;

and Notice of Annual General Meeting and Form of Proxy.

These documents will be shortly available to the public for inspection at the UK
Listing Authority's Document Viewing Facility which is situated at: Financial
Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS (tel.
no. [phone]).


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