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National Grid Co PLC (46QK)

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Thursday 20 March, 2003

National Grid Co PLC

Medium Term Note Programme

National Grid Company PLC
20 March 2003

20 March 2003

                           National Grid Company plc

                        EURO MEDIUM TERM NOTE PROGRAMME

National Grid Company plc announces that it has today issued GBP 250,000,000
4.75% Fixed Rate Instruments due 10 December 2010 Series No 2, as part of the
National Grid Transco plc and National Grid Company plc EUR 4,000,000,000 Euro
Medium Term Note Programme.

Contact: Andrew Kluth (Tel: 020 7004 3365)

                      This information is provided by RNS
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