Director Shareholding

National Grid Group PLC 7 September 2001 National Grid Group plc (National Grid) Notification of Director's Interests -------------------------------------------------- Edward Astle was yesterday granted options over 193,952 NGG Ordinary shares under the Executive Share Option Scheme. The options were granted at an exercise price of 479.5p per share and are exercisable, subject to agreed performance criteria, during the period of seven years from 6 September 2004.
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