Director Shareholding

National Grid Group PLC 31 August 2001 National Grid Group plc (National Grid) Notification of Directors' Interests ---------------------------------------------------------- The Trustee of the National Grid USA Incentive Thrift Plan notified National Grid yesterday that Mr R P Sergel's interests in NGG shares were increased by the following purchase: 5.03 Ordinary Share ADRs on 27 August 2001 at $35.365 per ADR.
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