National Grid 2008 Annual Report Download - page 103

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 65448
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.5.1, Doc: 4, Page: 7
Description: EXH 2(B).5.1
0/2486.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/486/2*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 65448
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.5.1, Doc: 4, Page: 7 Description: EXH 2(B).5.1
0/2486.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/486/2*
OVERVIEW OF THE PROGRAMME
The following summary is qualified in its entirety by the remainder of this Prospectus.
7
Issuers National Grid plc
National Grid Electricit
y
Transmission
p
lc
Description Euro Medium Term Note Programme
Size Up to Euro 15,000,000,000 (or the equivalent in other currencies at the date of
issue) aggregate nominal amount of Instruments outstanding at any one time.
Arran
g
er HSBC Bank
p
lc
Principal Dealers ABN AMRO Bank N.V.
Banc of America Securities Limited
Barcla
y
s Bank PLC
Citigroup Global Markets Limited
Deutsche Bank AG, London Branch
Dresdner Bank AG London Branch
HSBC Bank
p
lc
Mitsubishi UFJ Securities International plc
National Australia Bank Limited
Ro
y
al Bank of Canada Euro
p
e Limited
The Royal Bank of Scotland plc
The Issuers may from time to time terminate the appointment of any dealer under
the Pro
g
ramme or appoint additional dealers either in respect of one or more
Tranches or in respect of the whole Pro
g
ramme. References in this Prospectus to
“Permanent Dealers” are to the persons listed above as Dealers and to such
additional persons that are appointed as dealers in respect of the whole
Programme (and whose appointment has not been terminated) and to “Dealers”
are to all Permanent Dealers and all persons appointed as a dealer in respect of
one or more Tranches.
Trustee The Law Debenture Trust Cor
p
oration
p
.l.c.
Issuing and Paying Agent The Bank of New York
Other Pa
y
in
g
A
g
ent Kredietbank S.A. Luxembour
g
eoise
Method of Issue The Instruments will be issued on a syndicated or non-syndicated basis. The
Instruments will be issued in series (each a “Series”) havin
g
one or more issue
dates and on terms otherwise identical (or identical other than in respect of the first
payment of interest), the Instruments of each Series bein
g
intended to be
interchangeable with all other Instruments of that Series. Each Series may be