FRN Variable Rate Fix

As Agent Bank, please be advised of the following rate determined on: 6/30/2025
Issue	¦ National Grid Gas PLC - Series 47 GBP 50,000,000 Index Linked inst. Due 30 Jan 2037
ISIN Number	¦ XS0283715604
ISIN Reference	¦ 28371560
Issue Nomin GBP	¦ 50000000
Period	¦ 7/30/2025 to 1/30/2026						Payment Date 1/30/2026
Number of Days	¦ 184
Rate	¦ 3.42027
Denomination GBP	¦ 50000			¦ 50000000					¦
Amount Payable per Denomination	¦ 855.07			¦ 855067.5					¦
Bank of New York
Rate Fix Desk	Telephone						¦ 44 1202 689580
Corporate Trust Services		Facsimile					¦ 44 1202 689601

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