Director Shareholding

National Grid Group PLC
09 September 2002

National Grid Group plc (National Grid)

9 September 2002

QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST (Quest)

(Notification of Directors' Interests pursuant to Section 324(2)

of The Companies Act 1985)

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On 6 September 2002, each of the following Executive Directors of National Grid:
- E M Astle, S J Box, S J Holliday, R P Sergel and R J Urwin, technically ceased
to be interested in 148,170 NGG Ordinary shares, by virtue of the Quest
transferring the shares to employees.

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



Contact: B J S Mathews, Deputy Company Secretary (0207 312 5849)


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