Holding(s) in Company

National Grid PLC
11 November 2005


11th November 2005
National Grid plc (NG)


Notification of Interest in NG Ordinary Shares,
Pursuant to Section 198 of The Companies Act 1985
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NG yesterday received a notification from Morgan Stanley Securities Limited that
its total interest was 4.09% (110,852,856 shares) at 7 November 2005. (Included
in this notification are 101,883,298 shares in which the interest is pursuant to
Section 208(5) of the Companies Act; in respect of the transfer to a third party
on terms giving the right to require return of an equivalent number of shares.)


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