Exhibit A-1
CURRENT POSITION
|--------------------|
| The National |<----- external $3.9bn
| Grid Group plc | liability
|--------------------|
|
|
|
|--------------------|
| National Grid |------|
| (US) Holdings Ltd | |
|--------------------| |
| |
| | $3.9bn loan
| |
|--------------------| |
| National Grid | |
| (US) Investments |<-----|
|--------------------|
|
|
|
|--------------------|
| National Grid |
| (Ireland) 1 Ltd |
| ($ shares) |
|--------------------|
|
|
|
|------------------------|
| |
| |--------------------|
| | National Grid |
| | (Ireland) 2 Ltd |
| |--------------------|
| |
|------------------------|
|
|
|
|--------------------|
| National Grid |
| General |
| Partnership |
|--------------------|
|
|
|
|--------------------|
| National Grid |
| USA |
|--------------------|