SIP Operation

RNS Number : 0131B

National Grid PLC

08 August 2008

 



National Grid plc ('NG')

8th August 2008

Notification of Directors' Interests

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NG SHARE INCENTIVE PLAN (the 'SIP')

Under the SIP scheme, operated through Excellerate HRO UK Limited as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 41,267 NG ordinary shares under the scheme was confirmed by the Trustee yesterday, the shares having been purchased in the market on Thursday 7th August, at a price of 669.1 pence per share, on behalf of some 3,000 participants.

The following Executive Directors of NG are beneficiaries of the shares purchased on their behalf:

Director	Shares purchased in SIP
Mark Fairbairn	19 Ordinary Shares
Steven Holliday	18 Ordinary Shares

The Directors total interests after these events are:

Director	Resulting total interest
Mark Fairbairn	489,273 Ordinary Shares
Steven Holliday	1,037,489 Ordinary Shares

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Contact: D C Forward, Assistant Secretary- (0207 004 3226)

 

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