Director Shareholding

National Grid Group PLC
28 June 2001


National Grid Group plc (National Grid)
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Directors' Interests

National Grid's Employee Share Ownership
('Quest') Trustee has today confirmed the 
following grant of an option, under the
National Grid Savings Related Share Option Scheme.

NGG Ordinary shares
at option price of 457p per share


     Sharesave Option    Number of      Exercise         Total interest
     Granted To:         NGG Shares     period           now

     Dr R J Urwin          3,692        6 months from    619,212
                                        September 2006