Holding in Company

National Grid Group PLC
20 February 2001


National Grid Group plc ('National Grid')
20 February 2001

Notification of Interest in National Grid Ordinary Shares,
Pursuant to Sections 198 to 208 of The Companies Act 1985

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National Grid yesterday and today received two further notifications
from CGNU plc; that it had a notifiable interest in 3.00%
of National Grid's issued share capital at 15 February 2001,
reducing to 2.95% at 16 February 2001.