LONDON--(BUSINESS WIRE)--
| As Agent Bank, please be advised of the following rate determined on: 7/28/2015 | |||||||||
| Issue | ¦ National Grid USA - Series 16 EUR 20,000,000 FRN due January 2017 | ||||||||
| ISIN Number | ¦ XS1023435818 | ||||||||
| ISIN Reference | ¦ 102343581 | ||||||||
| Issue Nomin EUR | ¦ 20000000 | ||||||||
| Period | ¦ 7/30/2015 to 10/30/2015 | Payment Date 10/30/2015 | |||||||
| Number of Days | ¦ 92 | ||||||||
| Rate | ¦ 0.419 | ||||||||
| Denomination EUR | ¦ 100000 | ¦ 20000000 | ¦ | ||||||
| Amount Payable per Denomination | ¦ 107.08 | ¦ 21415.56 | ¦ | ||||||
| Bank of New York | |||||||||
| Rate Fix Desk | Telephone | ¦ 44 1202 689580 | |||||||
| Corporate Trust Services | Facsimile | ¦ 44 1202 689601 | |||||||
Category Code: RC
Sequence Number: 477084
Time of Receipt (offset from UTC): 20150729T110007+0100