50JF Nat.gas.t1.7744

    


National Grid Gas Plc



As Agent Bank, please be advised of the following rate determined on: 17-Mar-2008
Issue              � National Grid Gas PLC - Series 55
                     GBP 100,000,000.00 FRN Due 04-Apr-2039
ISIN Number        � XS0293033717
Common Code / 144A � 29303371
 ISIN
Issue Nomin GBP    � 100,000,000.00
Period             � 04-Apr-2008 to 06-Oct-2008            Payment Date 06-Oct-2008
Number of Days     � 185
Rate               � 1.88307
Denomination GBP   � 50,000.00             � 100,000,000.00       �

Amount Payable per � 470.77                � 941,535.00           �
 Denomination

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

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