National Grid Gas PLC



As Agent Bank, please be advised of the following rate determined on: 14-Apr-2008
Issue              � National Grid Gas plc - Series 51
                     GBP 65,000,000.00 Index-linked FRN Due 1 May 2037
ISIN Number        � XS0287794456
Common Code / 144A � 028779445
 ISIN
Issue Nomin GBP    � 65,000,000.00
Period             � 01-May-2008 to 03-Nov-2008            Payment Date 03-Nov-2008
Number of Days     � 186
Rate               � 2.05272
Denomination GBP   � 65,000,000.00

Amount Payable per � 667,134.00
 Denomination

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



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