Transaction in Own Shares

National Grid PLC
26 November 2007

National Grid plc - Transaction in Own Shares



26 November 2007



National Grid plc announces that on 23 November 2007 it purchased 438,401 of its
ordinary shares at a price of 797.7244 pence per share from Morgan Stanley
Securities Limited. The purchased shares will be held as Treasury shares.



Following the purchase of these shares, the number of ordinary shares with
voting rights in issue (excluding Treasury shares) will be 2,563,147,526 and the
number of ordinary shares in Treasury will be 18,765,990.





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