Holding in Company

National Grid Group PLC
15 October 2001


National Grid Group plc ('National Grid')
15 October 2001

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NOTIFICATION OF INTEREST IN NATIONAL GRID ORDINARY SHARES,
PURSUANT TO PART VI OF THE COMPANIES ACT 1985

National Grid today received a notification on behalf of
Prudential plc that, as at 11 October 2001, the interest 
of Prudential plc and its subsidiaries had reduced to 3.96%.