National Grid 2008 Annual Report Download - page 200

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 32689
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: 104
Description: EXH 2(B).5.1
0/2583.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/583/2*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 32689
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: 104 Description: EXH 2(B).5.1
0/2583.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/583/2*
104
have acce
p
ted the relevant Instruments for clearance to
g
ether with an
y
further a
pp
ro
p
riate information.
9. Neither National Grid nor any of it subsidiaries is or has been involved in any
g
overnmental, le
g
al or arbitration
proceedin
g
s (includin
g
any such proceedin
g
s which are pendin
g
or threatened of which National Grid is aware) durin
g
the
12 months precedin
g
the date of this Prospectus which may have, or have in such period had, si
g
nificant effects on the
financial
p
osition or
p
rofitabilit
y
of National Grid or of the National Grid Grou
p
.
10. Neither NGET nor any of its subsidiaries is or has been involved in any
g
overnmental, le
g
al or arbitration proceedin
g
s
(includin
g
any such proceedin
g
s which are pendin
g
or threatened of which NGET is aware) durin
g
the 12 months
precedin
g
the date of this Prospectus which may have, or have in such period had, si
g
nificant effects on the financial
p
osition or
p
rofitabilit
y
of NGET or of the NGET Grou
p
.
11. Save as disclosed in the section entitled “Description of National Grid plc - Recent Developments” on pa
g
e 76, there has
been no si
g
nificant chan
g
e in the financial or tradin
g
position of National Grid or the National Grid Group since 31
March 2007 and no material adverse change in the prospects of National Grid since 31 March 2007.
12. Save as disclosed in the section entitled “Description of National Grid Electricity Transmission plc - Recent Developments”
on pa
g
e 80, there has been no si
g
nificant chan
g
e in the financial or tradin
g
position of NGET or the NGET Group since 31
March 2007 and no material adverse change in the prospects of NGET since 31 March 2007.
13. Pricewaterhouse Coopers LLP, Chartered Accountants and Re
g
istered Auditors of 1 Embankment Place, London, WC2N
6RH (members of the Institute of Chartered Accountants in En
g
land and Wales), have audited, and rendered unqualified
audit reports on, the consolidated financial statements prepared under IFRS of National Grid for the two years ended 31
March 2007.
14. Pricewaterhouse Coopers LLP, Chartered Accountants and Re
g
istered Auditors of 1 Embankment Place, London, WC2N
6RH (members of the Institute of Chartered Accountants in En
g
land and Wales), have audited, and rendered unqualified
audit reports on, the consolidated financial statements prepared under IFRS of NGET for the two years ended 31
March 2007.
15. Each Instrument, Receipt, Coupon and Talon will bear the following legend: “Any United States person who holds this
obli
g
ation will be subject to limitations under the United States income tax laws, includin
g
the limitations provided in
Sections 165
(j)
and 1287
(
a
)
of the Internal Revenue Code”.
16. For so lon
g
as the Pro
g
ramme remains in effect or any Instruments are outstandin
g
, copies of the followin
g
documents
may be inspected durin
g
usual business hours on any weekday (Saturdays, Sundays and public holidays excepted), at
the registered offices of the relevant Issuer and the specified office in London of the Issuing and Paying Agent:
(
a
)
a co
py
of this Pros
p
ectus to
g
ether with an
y
su
pp
lement to this Pros
p
ectus or further Pros
p
ectus;
(b) the Memorandum and Articles of Association of National Grid;
(
c
)
the Memorandum and Articles of Association of NGET;