National Grid PlcLSE: NG.

Sale completion: majority interest, NGGT & Metering

· Issued by National Grid plc

31 January 2023

Completion of sale of majority interest in NGGT and Metering

National Grid plc is pleased to announce that it has today completed the sale of a 60% equity interest in its UK gas transmission and metering business to a consortium comprised of Macquarie Asset Management and British Columbia Investment Management Corporation.

Enquiries and contacts

Investors and Analyst:

Nick Ashworth   +44 (0) 7814 355 590

Angela Broad   +44 (0) 7825 351 918

James Flanagan   +44 (0) 7970 778 952

Jonathan Clay   +44 (0) 7899 928 247

Media:

Molly Neal  +44 (0) 7583 102 727

Danielle Dominey-Kent     +44 (0) 7812 485 153

About National Grid Gas

National Grid Gas owns and operates the regulated gas National Transmission System ("NTS") in Great Britain, and also owns a regulated gas metering business.

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