LONDON--(BUSINESS WIRE)--
| As Agent Bank, please be advised of the following rate determined on: 4/16/2014 | |||||||||
| Issue | ¦ National Grid USA - Series 13 EUR 25,000,000 FRN due January 2016 | ||||||||
| ISIN Number | ¦ XS1018604345 | ||||||||
| ISIN Reference | ¦ 101860434 | ||||||||
| Issue Nomin EUR | ¦ 25000000 | ||||||||
| Period | ¦ 4/22/2014 to 7/21/2014 | Payment Date 7/21/2014 | |||||||
| Number of Days | ¦ 90 | ||||||||
| Rate | ¦ 0.747 | ||||||||
| Denomination EUR | ¦ 100000 | ¦ 25000000 | ¦ | ||||||
| Amount Payable per Denomination | ¦ 186.75 | ¦ 46687.5 | ¦ | ||||||
| Bank of New York | |||||||||
| Rate Fix Desk | Telephone | ¦ 44 1202 689580 | |||||||
| Corporate Trust Services | Facsimile | ¦ 44 1202 689601 | |||||||
Category Code: RC
Sequence Number: 414674
Time of Receipt (offset from UTC): 20140417T133837+0100