LONDON--(BUSINESS WIRE)--
| As Agent Bank, please be advised of the following rate determined on: 5/28/2015 | |||||||||
| Issue | ¦ National Grid Company plc - Series 16 GBP 50,000,000 Index Linked FRN due 28 Jun 2035 | ||||||||
| ISIN Number | ¦ XS0223274613 | ||||||||
| ISIN Reference | ¦ 22327461 | ||||||||
| Issue Nomin GBP | ¦ 50000000 | ||||||||
| Period | ¦ 6/28/2015 to 12/28/2015 | Payment Date 12/29/2015 | |||||||
| Number of Days | ¦ -200000 | ||||||||
| Rate | ¦ 3.04785 | ||||||||
| Denomination GBP | ¦ 1000 | ¦ 50000000 | ¦ | ||||||
| Amount Payable per Denomination | ¦ 15.24 | ¦ 761962.5 | ¦ | ||||||
| Bank of New York | |||||||||
| Rate Fix Desk | Telephone | ¦ 44 1202 689580 | |||||||
| Corporate Trust Services | Facsimile | ¦ 44 1202 689601 | |||||||
Category Code: RC
Sequence Number: 467870
Time of Receipt (offset from UTC): 20150528T162618+0100