National Grid Transco PLC
10 November 2003
National Grid Transco plc (NGT)
10 November 2003
NGT SHARE INCENTIVE PLAN (the 'SIP')
(Notification of Directors' Interests, pursuant to Section 324(2) of the
Companies Act 1985)
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Under the SIP scheme, operated through Towers Perrin Share Plan Services
Limited, employees are able to subscribe for NGT ordinary shares by regular
monthly contributions. The current monthly purchase of 91,093 NGT ordinary
shares under the scheme was confirmed by the Trustee on Friday 7th November, the
shares having been purchased in the market on that day, at a price of 386 pence
per share.
The undermentioned executive directors of NGT, together with some 3,950
employees, are potential beneficiaries and are therefore deemed to be interested
in those ordinary shares.
The following Directors of NGT participated:
Director
Shares purchased in SIP Resulting total interest
Steven Holliday 33 482,482
Roger Urwin 33 1,096,886
This information is provided by RNS
The company news service from the London Stock Exchange SFFMFMSSDSEFF
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