FRN Variable Rate Fix
05 Junio 2006 - 6:25AM
UK Regulatory
National Grid ElectricityTransmission
As Agent Bank, please be advised of the following rate determined on:17-May-2006
Issue : National Grid Company plc - Series 16
GBP 50,000,000 Index Linked FRN due 28 Jun 2035
ISIN Number : XS0223274613
Common Code/
144A ISIN : 22327461
Issue Nomin GBP : 50,000,000.00
Period : 28-Jun-2006 to 28-Dec-2006 Payment Date 28-Dec-2006
Number of Days : 180
Rate : 2.32132555671
Denomination GB : 50,000.00 50,000,000.00
Amount Payable
per Denomination : 580.33 580,331.39
Institutional Telephone 44(0) 1202 34 1286
Trust Services Facsimile 44(0) 1202 34 1267
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