EX-4.C.8.2 14 u50268exv4wcw8w2.htm EX-4.C.8.2 EX-4.C.8.2

Exhibit 4(c).8.2
1-3 Strand
John Allan
Sir John Parker FREng
Eagle Lodge
Wellington Avenue
Virginia Water
Direct tel +44 (0)20 7004 3010
GU25 4QN
Direct fax +44 (0)20 7004 3012
Mobile +44 (0)7831 496201
7 March 2006
Our Reference TJP/NED/PD/03/06
Remuneration Committee – appointment as chairman
This letter confirms your appointment by the Board as chairman of the Remuneration Committee with effect from 1 March 2006.
As chairman of the Remuneration Committee you will receive an additional fee of £12,500 per annum as agreed by the Board.
The fee is in additional to your annual retainer fee of £35,000 per annum and does not affect your Board attendance fees of £1,500 for meetings in your country of residence and £3,000 for each overseas meeting.
On a personal note I am delighted that you have accepted this new role on the Board of National Grid.
Yours sincerely
/s/ Sir John Parker
National Grid plc
Registered Office: 1-3 Strand, London WC2N 5EH
Registered in England and Wales, No 4031152