NRC Approves Merger with New England Electric

National Grid Group PLC 13 December 1999 The National Grid Group plc (NGG) NGG/NEES MERGER RECEIVES NRC APPROVAL The National Grid Group plc (NGG) and New England Electric System (NEES) today announced that the Nuclear Regulatory Commission (NRC) has approved their proposed merger. The NRC approval was required because NEES has minority interests in six nuclear power plants of which three are operational. NEES has stated its intention to sell its holdings in these plants. The merger of NGG and NEES was announced on 14 December 1998 and is expected to complete by early 2000 once approval from the Securities and Exchange Commission has been received. Contact NGG Investor Relations + 44 (0) 171 620 9191 Jill Sherratt mobile: +44 (0) 468 490 807 Diane Boddy Citigate Dewe Rogerson + 44 (0) 171 638 9571 Anthony Carlisle mobile: + 44 (0) 973 611 888 Sue Pemberton
UK 100

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