82HX Nat.grid1

    

National Grid Electricity Transmission Plc




As Agent Bank, please be advised of the following rate determined on: 17-Sep-2007

Issue               : National Grid Electricity Transmission Plc - Series 28
                      GBP 50,000,000.00 UKRPI Linked Instruments Due 7 April 2036
ISIN Number         : XS0250104774
Common Code/        : 25010477
144A ISIN
Issue Nomin     GBP : 50,000,000.00
Period              : 08-Oct-2007 to 07-Apr-2008          Payment Date 07-Apr-2008
Number of Days      : 182
Rate                : 1.80252
Denomination GBP    : 50,000.00         50,000,000.00

Amount Payable
per Denomination    : 450.63            450,630.00

Bank of New York
Rate Fix Desk                           Telephone  44 1202 689580
Institutional Trust Services            Facsimille 44 1202 689601

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