36JM Nat.grid Inst35

    

National Grid Electricity Transmission Plc


As Agent Bank, please be advised of the following rate determined on:17-Oct-2006
Issue               : National Grid Electricity Transmission Plc - Series 24
                      GBP 50,000,000 RPI -Linked Fixed Rate Instrument 23 Nov 2035
ISIN Number         : XS0236362470
Common Code /         23636247
144A ISIN
Issue Nomin     GBP : 50,000,000.00
Period              : 23-Nov-2006 to 23-May-2007  Payment Date 23-May-2007
Number of Days      : *181*
Rate                : 1.91213669289
Denomination    GB  : 50,000.00     50,000,000.0
Amount Payable
per Denomination    : *478.03*       478,034.17

Institutional       Telephone   44(0) 1202 32 6660
Trust Services      Facsimile   44(0) 1202 34 7939

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