41ZF Nat.gas.t 37

    


National Grid Gas PLC



As Agent Bank, please be advised of the following rate determined on: 15-Oct-2008
Issue              � National Grid Gas plc - Series 51
                     GBP 65,000,000.00 Index Linked FRN Due 01-May-2037
ISIN Number        � XS0287794456
Common Code / 144A � 028779445
 ISIN
Issue Nomin GBP    � 65,000,000.00
Period             � 03-Nov-2008 to 01-May-2009            Payment Date 01-May-2009
Number of Days     � 179
Rate               � 2.113693904
Denomination GBP   � 65,000,000.00         �                      �

Amount Payable per � 68,695.05             �                      �
 Denomination

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

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