Transaction in Own Shares

National Grid PLC
20 December 2007

National Grid plc - Transaction in Own Shares



20 December 2007



National Grid plc announces that on 19 December 2007 it purchased 598,964 of its
ordinary shares at a price of 824.1921 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 2,550,960,878 and the
number of ordinary shares in Treasury will be 30,952,638.



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