82HX Nat.grid1

    


National Grid Electricity Transmission Plc



As Agent Bank, please be advised of the following rate determined on: 17-Sep-2008
Issue              � National Grid Electricity Transmission plc - Series 28
                     GBP 50,000,000.00 UKRPI Linked Instruments FRN Due 07-Apr-2036
ISIN Number        � XS0250104774
Common Code / 144A � 25010477
 ISIN
Issue Nomin GBP    � 50,000,000.00
Period             � 07-Oct-2008 to 07-Apr-2009            Payment Date 07-Apr-2009
Number of Days     � 182
Rate               � 1.8886
Denomination GBP   � 50,000.00             � 50,000,000.00        �

Amount Payable per � 472.15                � 472,150.00           �
 Denomination

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

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