Transaction in Own Shares

National Grid PLC
26 September 2007

National Grid plc - Transaction in Own Shares



26 September 2007



National Grid plc announces that on 25 September 2007 it purchased for
cancellation 609,159 of its ordinary shares at a price of 774.1384 pence per
share from Morgan Stanley Securities Limited.



Following the purchase and upon cancellation of these shares, the number of
ordinary shares with voting rights in issue (excluding Treasury shares) will be
2,556,522,146 and the number of ordinary shares in Treasury will be 13,597,636.





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