FRN Variable Rate Fix
October 17 2008 - 12:14PM
UK Regulatory
National Grid Electricity Transmission PLC
As Agent Bank, please be advised of the following rate determined on: 15-Oct-2008
Issue � National Grid Electricity Transmission plc - Series 48
GBP 150,000,000.00 Index Linked FRN Due 02-May-2039
ISIN Number � XS0294583322
Common Code / 144A � 29458332
ISIN
Issue Nomin GBP � 150,000,000.00
Period � 03-Nov-2008 to 01-May-2009 Payment Date 01-May-2009
Number of Days � 179
Rate � 2.036536145
Denomination GBP � 50,000.00 � 150,000,000.00 �
Amount Payable per � 509.13 � 1,527,402.11 �
Denomination
Bank of New York
Rate Fix Desk Telephone � 44 1202 689580
Corporate Trust Services Facsimile � 44 1202 689601
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