NATIONAL GRID RIIO GD1 BUSINESS PLAN

The business plans will be available from 4pm today on National Grid’s website, at www. Except as may be required by law or regulation, National Grid undertakes no obligation to update any of its forward-looking statements, which speak only as of the date of this announcement. These statements include information with respect to National Grid’s financial condition, its results of operations and businesses, strategy, plans and objectives. Section 21E of the Securities Exchange Act of , as amended. These statements include information with respect to National. Other factors that could cause actual results to differ materially from those described in this announcement include fluctuations in exchange rates, interest rates and commodity price indices; restrictions in National Grid’s borrowing and debt arrangements, funding costs and access to financing; National Grid’s status as a holding company with no revenue generating operations of its own; inflation; seasonal fluctuations; the funding requirements of its pension schemes and other post-retirement benefit schemes; the loss of key personnel or the ability to attract, train or retain qualified personnel and any disputes arising with its employees or the breach of laws or regulations by its employees; accounting standards, rules and interpretations, including changes of law and accounting standards and other factors that may affect National Grid’s effective rate of tax; and incorrect or unforeseen assumptions or conclusions relating to business development activity. Andy Mead Victoria Davies.

These forward-looking statements are not guarantees of. Except as may be required by law or regulation, National Grid undertakes no obligation to update any of its forward-looking statements, which speak only as of the date of this announcement. Grid’s financial condition, its results of operations and businesses, strategy, plans and objectives. The content of any website references herein do not form part of this announcement. The business plans are National Grid’s realistic assessment of the investment and financial framework required to deliver a safe and reliable network alongside quality service and value for money for the customer while safeguarding the interests of future generations. National Grid Timeline Article.

For a more detailed description of some of these assumptions, risks and uncertainties, together with any.

National Grid (LON:NG.)

These plans cover an eight year period, over which time the usage of our system and our work on that system is expected to be subject to considerable change.

If you cannot make the webinar gric replay facility will be available shortly after the webinar has finished by following the link above or alternatively at www.

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National Grid Timeline Article.

national grid riio gd1 business plan

These statements include information with respect to National Grid’s financial busimess, its results of operations and businesses, strategy, plans and objectives. The content of any website references herein do not form part of this announcement. Iwan Hughes Tom Hull. These statements are forward-looking statements within the meaning of Section 27A of the Securities Act ofas amended, and Section 21E of the Securities Businsss Act ofas amended.

To view and listen live to the w ebinar please use this link: Words such as ‘anticipates’, ‘expects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘targets’, ‘may’, ‘will’, ‘continue’, ‘project’ and similar expressions, as well as statements in the future tense, identify forward-looking statements. The business plans are National Grid’s realistic assessment of the investment and financial framework required to deliver a safe and reliable network alongside quality service and value for money for the customer while safeguarding the interests of future generations.

The business plans will be available from 4pm today on National Grid’s website, at www. In its submission, National Grid has set out appropriate financial proposals to accompany the business plans, including an allowed cost of equity of 7. We look forward to receiving Ofgem’s response in February and to discussing these proposals further with nahional as we work towards an appropriate outcome for all stakeholders.

National Grid is publishing those business plans today and will be hosting a web-based conference call to set out the highlights and provide an opportunity for investors and analysts to ask questions. These statements include information with respect to National.

National Grid – Publication of RIIO-GD1 Business Plans – Proactiveinvestors (UK)

The plans represent a well developed and realistic solution to these challenges, delivering safety and reliability along with meeting the needs of current and future customers in an affordable way, and providing adequate returns to existing providers of capital. Other factors that could cause actual results to differ materially from those described in this announcement include fluctuations in exchange rates, interest rates and commodity price indices; restrictions in National Grid’s borrowing and debt arrangements, funding costs and access to financing; National Grid’s status as a holding company with no revenue generating operations of its own; inflation; seasonal fluctuations; the funding requirements of its pension schemes and other post-retirement benefit schemes; the loss of key personnel or the ability to attract, train or retain qualified personnel and any disputes arising with its employees or the breach of laws or regulations by its employees; accounting standards, rules and interpretations, including changes of law and accounting standards and other factors that may affect National Grid’s effective rate of tax; and incorrect or unforeseen assumptions or conclusions relating to business development activity.

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New factors emerge from time to time and National Grid cannot assess the potential impact of any such factor on its activities or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. These forward-looking statements are not guarantees of. National Grid’s future performance and are subject to assumptions, risks and uncertainties that could cause actual future results to.

These forward-looking statements are not guarantees of National Grid’s future performance and are subject to assumptions, risks and uncertainties that could cause actual future results to differ materially from those expressed in or implied by such forward-looking statements. Many of these assumptions, risks and. Section 21E of the Securities Exchange Act ofas amended. The effects of these factors are difficult to predict.

Words such as ‘anticipates’. Other factors that could cause actual results to differ. Please quote confirmation number when dialling into the conference. This announcement contains certain statements that are neither reported financial results nor other historical information.

national grid riio gd1 business plan

Grid’s financial condition, its results of operations and businesses, strategy, plans and objectives. For a more detailed description of some of these assumptions, risks and uncertainties, together with any other risk factors, please see National Grid’s filings with and submissions to the US Securities and Exchange Commission the ‘SEC’ and in particular the ‘Risk factors’ and ‘Operating and Financial Review’ sections in our most recent Annual Report on Form F as updated by National Grid’s unaudited half year report from the six months ended 30 September published on 17 November Except as may be required by law or regulation, National Grid undertakes no obligation to update any of its forward-looking statements, which speak only as of the date of this announcement.

Andy Mead Victoria Davies.