Niagara Mohawk

National Grid Group PLC
16 February 2001

NIAGARA MOHAWK ANNOUNCES EARNINGS FOR THE YEAR ENDED 31 DECEMBER 2000

Niagara Mohawk yesterday announced earnings for the year ended 31 December
2000. Copies of the announcement are available from National Grid Group
('National Grid') Investor Relations on [phone] or on the Niagara
Mohawk website www.NiagaraMohawk.com

National Grid and Niagara Mohawk announced on 5 September 2000 the signing of
a Merger Agreement under which National Grid will acquire all of the
outstanding shares of Niagara Mohawk.

Contact

Jill Sherratt [phone]

Karen Shih (US) [phone]