70WB Nat.gas.t1.7642

    


National Grid Gas PLC



As Agent Bank, please be advised of the following rate determined on: 17-Sep-2008
Issue              � National Grid Gas PLC - Series 53
                     GBP 50,000,000.00 Index Linked FRN Due 16-Apr-2037
ISIN Number        � XS0291309226
Common Code / 144A � 29130922
 ISIN
Issue Nomin GBP    � 50,000,000.00
Period             � 16-Oct-2008 to 16-Apr-2009            Payment Date 16-Apr-2009
Number of Days     � 182
Rate               � 1.9304
Denomination GBP   � 50,000.00             � 50,000,000.00        �

Amount Payable per � 482.60                � 482,600.00           �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601

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