LONDON--(BUSINESS WIRE)--
| As Agent Bank, please be advised of the following rate determined on: 4/22/2014 | |||||||||
| Issue | ¦ National Grid USA - Series 15 EUR 30,000,000 FRN due January 2019 | ||||||||
| ISIN Number | ¦ XS1021905218 | ||||||||
| ISIN Reference | ¦ 102190521 | ||||||||
| Issue Nomin EUR | ¦ 30000000 | ||||||||
| Period | ¦ 4/24/2014 to 7/24/2014 | Payment Date 7/24/2014 | |||||||
| Number of Days | ¦ 91 | ||||||||
| Rate | ¦ 0.979 | ||||||||
| Denomination EUR | ¦ 100000 | ¦ 30000000 | ¦ | ||||||
| Amount Payable per Denomination | ¦ 247.47 | ¦ 74240.83 | ¦ | ||||||
| Bank of New York | |||||||||
| Rate Fix Desk | Telephone | ¦ 44 1202 689580 | |||||||
| Corporate Trust Services | Facsimile | ¦ 44 1202 689601 | |||||||
Category Code: RC
Sequence Number: 415152
Time of Receipt (offset from UTC): 20140423T100737+0100