29 May 2008
National Grid plc (National Grid)
Voting Rights and Capital update
National Grid was notified yesterday that 66,796 shares held in Treasury were transferred to share scheme participants on 28th May. Following this change, and after transfers into treasury registered as part of the ongoing share repurchase programme, National Grid plc's registered capital at close of 28th May 2008 consists of 2,581,913,516 ordinary shares, of which 85,235,433 have been purchased in the market and registered as Treasury Shares; leaving a balance of 2,496,678,083 shares with voting rights.
The figure of 2,496,678,083 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, National Grid plc under the FSA's Disclosure and Transparency Rules.
Note: This notification confirms actual capital as recorded on the register at the above date, allowing for changes recorded since the last notification. National Grid is currently undertaking a share repurchase programme. Where repurchases are made, separate covering announcements will, as required, identify numbers being repurchased and the supporting details indicate resultant share capital after market settlement and transfer to Treasury, or cancellation, of the shares involved (and any earlier repurchases which remain to be registered).
Contact: D C Forward,
Assistant Secretary
0207 004 3226