National Grid Transco – repurchase of shares

05/03/2003

National Grid Transco plc announces that on 4 March 2003 it purchased for cancellation 750,000 of its ordinary shares at a price of 401.6074 pence per ordinary share.
Enquiries:

Investors  
Marcy Reed +44 (0)20 7004 3170 +44 (0)7768 490807(m)
Terry McCormick +44 (0)20 7004 3171 +44 (0)7768 045139(m)
Louise Clamp +44 (0)20 7004 3172 +44 (0)7768 555641(m)

Media  
Gillian Home +44 (0)20 7004 3150 
Jim Willison +44 (0)20 7004 3149 
Clive Hawkins +44 (0)20 7004 3147