Quest Operations

National Grid Group PLC
23 August 2002



National Grid Group plc (National Grid)

23 August 2002


QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST (Quest)

(Notification Of Directors' Interests pursuant to Section 324(2)

of The Companies Act 1985)

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Yesterday, each of the following Executive Directors of National Grid; E M
Astle,

S J Box, S J Holliday, R P Sergel and R J Urwin, technically ceased to be
interested in 1,585,843 NGG Ordinary shares, by virtue of the Quest transferring
the shares to some 650 employees.

Today, those directors ceased to be interested in a further 11,628 shares by
virtue of the Quest transferring shares to employees.



(Note: For Companies Act purposes, those Executive Directors of National Grid
are deemed to have a technical interest in the shares held in National Grid's
Quest, together with all participating employees. The interest ceases when
shares are transferred to participants who exercise their Sharesave scheme
options.)


Contact: D C Forward, Assistant Secretary (0207 312 5860).




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