Director Shareholding

National Grid Group PLC
26 September 2000

                           National Grid Group Plc                            
             QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST ('Quest')              
   (Notification of Directors' Interests pursuant to Section 324(2) of the    
                             Companies Act 1985)                              


On 26 September 2000, each of the Executive Directors of National Grid (S J
Box, W Gerretsen, D.H. Jones, R. P. Sergel and R.J. Urwin) technically became
interested in 43,000 NGG Ordinary Shares by virtue of the Quest being allotted
the shares and those directors being potential beneficiaries under the Quest.

(Note:  for Companies Act purposes, the Executive Directors of NGG are deemed
to have a technical interest in the shares held in NGG's Quest, together with
all participating employees. The interests ceases when shares are transferred
to participants who exercise their Sharesave scheme options).

Contact:  D C Forward, Assistant Secretary (020 7312 5860)