Dividend

National Grid Group PLC
22 May 2001


FINAL DIVIDEND
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *NGG
SEDOL CODE              *242-824
DIVIDEND AMOUNT         *9.03p
TOTAL                   *15.08p
PERIOD                  *Year ended 31-03-01
PROVISIONAL EX DATE     *30-05-01
RECORD DATE             *01-06-01
PAYMENT DATE            *15-08-01
NOTES *