Director Shareholding

National Grid Group PLC
28 March 2002

National Grid Group plc (National Grid)

28 March 2002

Notification of Directors' Interests

-------------------------------------------------------------------------------

The Trustee of the National Grid USA Incentive Thrift Plan notified National
Grid yesterday that Mr R P Sergels' interests in NGG shares were increased by
the following purchase:

89.77 Ordinary Share ADRs on 26 March 2002 at $32.48 per ADR.



                      This information is provided by RNS
            The company news service from the London Stock Exchange