7 September 2006
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
National Grid plc
Floating Rate Notes due January 2012
Dresdner Bank AG London Branch (contact: Ian Turner) telephone: +44 (0) 20 7475
1817) hereby gives notice that no stabilisation (within the meaning of the
rules of the Financial Services Authority) was undertaken by the Stabilising
Manager(s) named below in relation to the offer of the following securities.
Issuer: National Grid plc
Guarantor (if any): n/a
Aggregate nominal amount: EUR 750,000,000
Description: Floating Rate Notes due January 2012
Stabilising Manager(s) Bank of America Securities Limited (CSM)
Dresdner Bank AG London Branch (Stabilising Manager)
Westdeutsche Landesbank (Stabilising Manager)