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National GridTransco (NGT)

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Friday 21 March, 2003

National GridTransco

Purchase of Own Securities

National Grid Transco PLC
21 March 2003




Announcement Dated: 21st March 2003



National Grid Transco - repurchase of shares

National Grid Transco plc announces that on 20 March 2003 it purchased for
cancellation

1,800,000 of its ordinary shares at a price of 398.8750 pence per ordinary
share.





Enquiries:



Investors

Marcy Reed          +44 (0)20 7004 3170     +44 (0)7768 490807 (m)

Terry McCormick     +44 (0)20 7004 3171     +44 (0)7768 045139 (m)

Louise Clamp        +44 (0)20 7004 3172     +44 (0)7768 555641 (m)



Media

Gillian Home        +44 (0)20 7004 3150

Jim Willison        +44 (0)20 7004 3149

Clive Hawkins       +44 (0)20 7004 3147


                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                                                                                                                    

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