36JM Nat.grid Inst35

    


National Grid Electricity Transmission Plc



As Agent Bank, please be advised of the following rate determined on: 17-Apr-2008
Issue              � National Grid Electricity Transmission Plc - Series 24
                     GBP 50,000,000.00 RPI-Linked Fixed Rate Instrument Due 23-Nov-2035
ISIN Number        � XS0236362470
Common Code / 144A � 23636247
 ISIN
Issue Nomin GBP    � 50,000,000.00
Period             � 23-May-2008 to 23-Nov-2008            Payment Date 24-Nov-2008
Number of Days     � 184
Rate               � 2.02681
Denomination GBP   � 50,000.00             � 50,000,000.00        �

Amount Payable per � 506.70                � 506,702.50           �
 Denomination

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

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