Doc re. Pricing Supplement

National Grid Transco PLC
03 December 2003

Pricing Supplement
Issuer:                           National Grid Transco Plc
Series Number                     9
Description:                      JPY1,000,000,000
Currency/ Principal Amount:       Japanese Yen
Issue Price:                      100.00 per cent
Specified Denominations:          JPY1,000,000
Issue Date:                       28 November 2003
Maturity Date:                    May 2005
ISIN:                             XS0181457317

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