Press speculation
National Grid PLC
24 February 2006
NATIONAL GRID PLC
24 February 2006
Discussions with Keyspan Corporation
National Grid plc ('National Grid') has noted the recent press speculation
regarding discussions between National Grid and KeySpan Corporation ('KeySpan').
The Directors of National Grid confirm that they are in discussions concerning
a potential transaction with KeySpan but emphasise that these discussions are
yet to be concluded and that there is no certainty that they will lead to any
definitive agreement. If agreed, any transaction would be on an all cash basis,
satisfied wholly from borrowings.
A further announcement will be made as appropriate.
CONTACT DETAILS
National Grid:
Investors
David Campbell +44 (0)20 7004 3170 +44 (0)7799 131783(m)
Richard Smith +44 (0)20 7004 3172 +44 (0)7747 006321(m)
James Waite +44 (0)20 7004 3171 +44 (0)7977 440902(m)
Media
Clive Hawkins +44 (0)20 7004 3147 +44 (0)7836 357173(m)
Citigate Dewe Rogerson +44 (0)20 7638 9571
Anthony Carlisle +44 (0)7973 611888(m)
This information is provided by RNS
The company news service from the London Stock Exchange
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