Director Shareholding

National Grid Group PLC
5 October 2000


                      The National Grid Group plc (NGG)                       
                                                                              
                    NGG 1996 EMPLOYEE BENEFIT TRUST (ESOP)                    
       (Notification Of Directors' Interests pursuant to Section 324(2)       
                          of the Companies Act 1985)                         


NGG yesterday received a further notification from the ESOP Trustee; that each
of the Executive Directors of NGG (S J Box, W Gerretsen, D H Jones, R P Sergel
and R J Urwin) had ceased to be technically interested in 6,120 NGG Ordinary
shares, by virtue of the Trustee having transferred the shares to an employee
in an exercise on 3 October.

(Note: For Companies Act purposes, the Executive Directors of
NGG are deemed to have a technical interest in the shares held by NGG's ESOP,
together with all participating employees. The interest ceases when shares are
transferred to participants by the exercise of executive share options or under
another employees' share
scheme.)

Contact: N A Johnson, Reward Manager (020 7312 5769)