41ZF Nat.gas.t 37

    

National Grid Gas PLC



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

Issue               : National Grid Gas plc - Series 51
                      GBP 65,000,000.00 Index Linked Due 1 May 2037
ISIN Number         : XS0287794456
Common Code/        : 028779445
144A ISIN
Issue Nomin     GBP : 65,000,000.00
Period              : 01-May-2007 to 01-Nov-2007          Payment Date 01-Nov-2007
Number of Days      : 184
Rate                : 1.9782
Denomination GBP    : 65,000,000.00

Amount Payable
per Denomination    : 642,915.00

JPMorgan Chase Bank
Rate Fix Desk                           Telephone 44 1202 689580
Institutional Trust Services  Facsimille          44 1202 689601

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