Issue of Debt

National Grid PLC
06 September 2005

                                 National Grid plc

                        EURO MEDIUM TERM NOTE PROGRAMME


National Grid plc announces that it has today issued CZK 1,100,000,000 Floating
Rate Instruments due 2010 Series No 19, as part of the National Grid plc and
National Grid Electricity Transmission plc EUR 6,000,000,000 Euro Medium Term
Note Programme.




6 September 2005



Contact:  Andrew Kluth (Tel: [phone])


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