National Grid 2008 Annual Report Download - page 409

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 21122
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.7.1, Doc: 8, Page: 66
Description: EXH 2(B).7.1
0/2820.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/820/2*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 21122
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.7.1, Doc: 8, Page: 66 Description: EXH 2(B).7.1
0/2820.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/820/2*
Japan
The Instruments have not been and will not be re
g
istered under the Financial Instruments and Exchan
g
e Law of Japan (the
“Financial Instruments and Exchange Law”). Accordin
g
ly, each of the Dealers has represented, warranted and a
g
reed that it
has not, directly or indirectly, offered or sold and will not, directly or indirectly, offer or sell any Instruments in Japan or to, or for
the benefit of, any resident of Japan or to others for re-offering or re-sale, directly or indirectly, in Japan or to, or for the benefit
of, any resident of Japan except pursuant to an exemption from the re
g
istration requirements of, and otherwise in compliance
with the Financial Instruments and Exchan
g
e Law and other relevant laws and re
g
ulations of Japan. As used in this para
g
raph,
“resident of Japan” means any person resident in Japan, includin
g
any corporation or other entity or
g
anised under the laws of
Japan.
General
These sellin
g
restrictions may be modified by the a
g
reement of the relevant Issuer and the Dealers followin
g
a chan
g
e in a
relevant law, re
g
ulation or directive. Any such modification will be set out in the Final Terms issued in respect of the issue of
Instruments to which it relates or in a supplement to this Prospectus.
No action has been or will be taken in any country or jurisdiction by the relevant Issuers or the Dealers that would permit a
public offerin
g
of Instruments, or possession or distribution of any offerin
g
material in relation thereto, in any country or
jurisdiction where action for that purpose is required. Persons into whose hands this Prospectus or any Final Terms comes are
required by the Issuers and the Dealers to comply with all applicable laws and re
g
ulations in each country or jurisdiction in or
from which they purchase, offer, sell or deliver Instruments or have in their possession or distribute such offerin
g
material, in all
cases at their own expense.
Each Dealer has a
g
reed that it will comply with all relevant laws, re
g
ulations and directives in each jurisdiction in which it
purchases, offers, sells or delivers Instruments or has in its possession or distributes this Prospectus, any other offerin
g
material or any Final Terms and neither the Issuers nor any other Dealer shall have responsibility for such material.
66