SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Date: March 7, 2002
NATIONAL GRID GROUP plc
(Registrant's Name)
15 Marylebone Road
London
NW1 5JD
(Registrant's Address)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.
X Form 20-F Form 40-F
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3- 2(b)
under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b):
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorised.
NATIONAL GRID GROUP plc
s/David C. Forward
By: _______________________
Name: David C. Forward
Title: Assistant Secretary
Date: March 7, 2002
ANNEX 1 - SUMMARY
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
The Securities Exchange Act of 1934
Announcements sent to the London Stock Exchange for February
2002
National Grid Group plc
15 Marylebone Road
London, NW1 5JD
United Kingdom
Recent Announcements to The London Stock Exchange
DATE DETAILS
---- -------
26.2.02 Notification of Capital Group's interest increased to
8.1 percent.
19.2.02 NGG's Exec. Directors' share interests (further
operation of ESOP).
15.2.02 Blocklisting Application
15.2.02 Notification of Directors' Interests on Appointment (B
Hill and W E Davis)
8.2.02 Notification of Capital Group's interest at 7.35
percent following Scheme of Arrangement.
7.2.02 National Grid accepts Ofgem's Proposal for the
incentive scheme for 2002/03
ANNEX 2 - Copy Announcements as sent
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
The Securities Exchange Act of 1934
Announcements to the London Stock Exchange
for February 2002
National Grid Group plc
15 Marylebone Road
London
NW1 5JD
United Kingdom
7 February 2001
National Grid Accepts Ofgem's Proposal for System Operator
Incentives Scheme
----------------------------------------------------------
National Grid Company has today accepted Ofgem's final proposal
for the incentive scheme for 2002/03.
The proposal is based on substantially rolling over the existing
scheme for one year and is based on a target for external System
Operator costs of 460 million pounds sterling. If costs for the
year outturn below this level, National Grid is eligible to
receive 60 per cent of the benefits, up to a maximum profit of
60 million pounds sterling. If costs are above the target,
National Grid is exposed to 50 per cent of the losses, up to a
maximum loss on the scheme of 45 million pounds sterling.
Further details of the proposal are available on the Ofgem
website at www.ofgem.gov.uk/public/pub2002.htm
Acceptance of the final proposal is subject to agreement between
National Grid and Ofgem on the detailed amendments to the
Transmission Licence needed to bring these proposals into force.
ENQUIRIES:
National Grid:
Investors
---------
Marcy Reed (011)44 207 312 5779 (011)44 77 6849 0807(m)
Terry McCormick (011)44 207 312 5785 (011)44 77 6804 5139(m)
Louise Clamp (011)44 207 312 5783 (011)44 77 6855 5641(m)
Media
------
Ross Hayman (011) 44 247 642 3612
Stewart Larque (011) 44 247 642 3604
Chris Mostyn (011) 44 247 642 3609
Stock Exchange Announcement
National Grid Group plc ('National Grid')
8 February 2002
Notification of Interest in National Grid Ordinary Shares,
Pursuant to Section 198 of The Companies Act 1985
----------------------------------------------------------------
National Grid today received a further notification from The
Capital Group Companies, Inc., that its notifiable interest,
following National Grid's Scheme of Arrangement, was 130,657,024
shares (7.35 percent) as of 6 February 2002.
Stock Exchange Announcement
National Grid Group plc ('National Grid')
15 February 2002
Block Listing
-------------
Application has been made to the UK Listing Authority and to the
London Stock Exchange for the block listing of 8.25 million
ordinary shares of National Grid Group plc of 10p each fully
paid when issued ranking pari passu in all respects with the
existing issued ordinary shares to be admitted to the Official
List and to trading on the London Stock Exchange.
Stock Exchange Announcement
15 February 2002
National Grid Group plc (National Grid)
Notification of Directors' Interests on Appointment
----------------------------------------------------------------
National Grid confirms that as previously announced, following
completion of the Niagara Mohawk acquisition, William E Davis
(Executive Director) and Dr Bonnie G Hill (Non- Executive) have
joined the National Grid Board with effect from 11 February
2002.
Their interests in National Grid shares on appointment are:
William E Davis: 2,189 ADSs (equivalent to 10,945 ordinary
shares)
Dr Bonnie G Hill: 586 ADSs (equivalent to 2,930 ordinary
shares)
There is no other information required to be disclosed by
paragraph 16.4 of the Listing Rules in respect of either
director.
Stock Exchange Announcement
National Grid Group plc (National Grid)
19 February 2002
----------------------------------------------------------------
National Grid 1996 EMPLOYEE BENEFIT TRUST (ESOP)(Notification Of
Directors' Interests, Pursuant to Section 324(2) of the
Companies Act 1985)
----------------------------------------------------------------
National Grid today received a further notification from the
ESOP Trustee; that each of the Executive Directors of National
Grid (E M Astle, S J Box, W E Davis, S J Holliday, R P Sergel
and R J Urwin) had ceased to be technically interested in 26,391
NGG Ordinary shares on Friday 15 February 2002, by virtue of the
Trustee having transferred the shares to participants.
(Note: For Companies Act purposes, the Executive Directors of
National Grid are deemed to have a technical interest in all the
shares held by National Grid's ESOP, together with all
participating employees. The interest ceases when shares are
transferred to participants by the exercise of executive share
options or under another employees' share scheme.)
Contact: David C. Forward, Assistant Secretary (011) 44 207 312
5860)
Stock Exchange Announcement
National Grid Group plc ('National Grid')
26 February 2002
Notification of Interest in National Grid Ordinary Shares,
Pursuant to Section 198 of The Companies Act 1985
----------------------------------------------------------------
National Grid yesterday received a further notification from The
Capital Group Companies, Inc., that its notifiable interest
increased to 8.1 percent as of 21 February 2002.
National Grid Group plc David C. Forward
Assistant Secretary
March 7, 2002
US Securities and Exchange Commission
450 Fifth Street, N.W.,
Washington, D.C. 20549
Dear Ladies and Gentlemen:
Re: National Grid Group plc (`National Grid') Form 6-k for
February 2002
-------------------------------------------------------
Please find enclosed a Form 6-K Report in respect of
announcements issued to the London Stock Exchange for the above
month, which are being furnished to you under the Securities
Exchange Act of 1934.
One copy of the Form 6-K Report is also being furnished to
the New York Stock Exchange with a copy of this letter.
A list of all announcements for the period, is contained at
Annex 1 to this Form. Copies of the announcements themselves are
included at Annex 2.
Very truly yours,
s/David C. Forward
David C. Forward
Assistant Secretary