Holding in Company

National Grid Group PLC
5 September 2000



National Grid Group plc ('National Grid')

Notifications of Interest in National Grid Ordinary Shares,
Pursuant to Sections 198 to 208 of The Companies Act 1985
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National Grid yesterday received two further notifications
from Barclays PLC.

Barclays PLC informed National Grid that, through its
subsidiary Barclays Bank PLC, it had a notifiable interest
in a total of 44,541,025 NGG ordinary shares (3.00%)
as at 29 August 2000; which was reduced below
the 3% notifiable interest level at 1 September.