REG-National Grid Gas PLC FRN Variable Rate Fix

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Tue Mar 24, 2009 12:48pm EDT 

LONDON--(Business Wire)--

 As Agent Bank, please be advised of the following rate determined on: 17/03/09                                                                                   
 Issue                            | National Grid Gas PLC - Series 58 - GBP 25,000,000 1.808% Index Linked Instruments due 26 Oct 37                             
                                                                                                                                                                 
 ISIN Number                      | XS0327278247                                                                                                                 
 ISIN Reference                   | 32727824                                                                                                                     
 Issue Nomin GBP                  | 25,000,000                                                                                                                   
 Period                           | 26/10/08 to 26/04/09                                                        Payment Date 26/04/09                          
 Number of Days                   | 182                                                                                                                          
 Rate                             | 1.8443134683                                                                                                                
 Denomination GBP                 | 50,000                      | 25,000,000                                                                  |              
                                                                                                                                                                
 Amount Payable per Denomination  | 461.08                      | 230,538.18                                                                  |              
                                                                                                                                                                
 Bank of New York                                                                                                                                               
 Rate Fix Desk                                                   Telephone                                     | 44 1202 689580                               
 Corporate Trust Services                                         Facsimile                                     | 44 1202 689601                               


National Grid Gas PLC 

Copyright Business Wire 2009
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