National Grid CEO Interviewed on Interim Results 2009

LONDON, November 19 - National Grid, the electricity and gas distribution company, announced
"very strong" half-yearly results with pre-tax profits up by 16 per cent and
earnings ahead by 31 per cent, despite a difficult trading environment.

The company said its GBP3.4bn investment strategy was on track, with
GBP1.5bn invested in the first half of the year.

In an interview with www.cantos.com, Steve Holliday, Chief
Executive, said:

"The outlook for the full year remains strong. We've set our interest
bill for the full year. So we'll see those benefits for the full year. We've
got some rate filings in the US that will come in in the last quarter. And
our businesses will continue to perform in line with our expectations."

The interviews and transcripts are available now on
www.cantos.com.

It's free to view. All you need to do is register at
www.cantos.com. Cantos.com, the online financial broadcaster, features
in-depth interviews, documentaries and webcasts with senior company
executives. If you would like to contact us, please email
enquiries@cantos.com or phone +44-207-936-1333.

If you would like to contact us, please email enquiries at cantos.com or phone +44-207-936-1333.