Medium Term Note Programme

National Grid PLC
21 March 2006


                               National Grid plc


                        EURO MEDIUM TERM NOTE PROGRAMME


National Grid plc announces that it has today issued EUR 750,000,000 Fixed Rate
Instruments due 2013 Series No 25, as part of the National Grid plc and National
Grid Electricity Transmission plc EUR 6,000,000,000 Euro Medium Term Note
Programme.




21 March 2006



Contact:  Andrew Kluth (Tel: [phone])



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