Directors' Notification of Dealing in Shares

National Grid Group PLC
23 August 2000

National Grid Group plc (National Grid)

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 22 August 2000, each of the Executive Directors of National Grid
(S J Box, W Gerretsen, D H Jones, R P Sergel and R J Urwin)
technically ceased to be interested in 572,165 NGG Ordinary shares
by virtue of the Quest transferring the shares to over 400 employees.

(Note: For Companies Act purposes, the 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: D C Forward, Assistant Secretary (0207 312 5860).