41ZF Nat.gas.t 37

    

National Grid Gas PLC


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

Issue               : National Grid Gas plc - Series 51
                      GBP 65,000,000 Index Linked Due 1 May 2037
ISIN Number         : XS0287794456
Common Code/        : 028779445
144A ISIN
Issue Nomin     GBP : 65,000,000.00
Period              : 28-Feb-2007 to 01-May-2007        Payment Date 01-May-2007
Number of Days      : 62
Rate                : 1.9211
Denomination GBP    : 65,000,000.00

Amount Payable
per Denomination    : 213,868.31

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

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