LONDON--(BUSINESS WIRE)--
| As Agent Bank, please be advised of the following rate determined on: 9/17/2014 | |||||||||
| Issue | ¦ National Grid Electricity Transmission - Series 23 GBP 25,000,000 RPI Index Linked Due 17 Oct 2035 | ||||||||
| ISIN Number | ¦ XS0232785021 | ||||||||
| ISIN Reference | ¦ 23278502 | ||||||||
| Issue Nomin GBP | ¦ 25000000 | ||||||||
| Period | ¦ 10/17/2014 to 4/17/2015 | Payment Date 4/17/2015 | |||||||
| Number of Days | ¦ -200000 | ||||||||
| Rate | ¦ 2.704057 | ||||||||
| Denomination GBP | ¦ 50000 | ¦ 25000000 | ¦ | ||||||
| Amount Payable per Denomination | ¦ 676.01 | ¦ 338007.19 | ¦ | ||||||
| Bank of New York | |||||||||
| Rate Fix Desk | Telephone | ¦ 44 1202 689580 | |||||||
| Corporate Trust Services | Facsimile | ¦ 44 1202 689601 | |||||||
Category Code: RC
Sequence Number: 433479
Time of Receipt (offset from UTC): 20140918T163602+0100