George Davies New Collection

Marks & Spencer PLC 2 February 2001 2 February 2001 MARKS & SPENCER AND GEORGE DAVIES ANNOUNCE LAUNCH OF NEW WOMEN'S FASHION COLLECTION Today we announce an exciting development for Marks & Spencer. George Davies will design, manufacture and supply a new women's fashion collection exclusively for Marks & Spencer. His new collection will be aimed at the fashion-conscious woman who defines herself by attitude, not age. We will launch the range in October in up to 100 stores within specially refitted areas of about 2,500 square feet. George Davies has an outstanding track record in fashion clothing, having conceived and created two successful businesses, on the high street for Next and edge of town for ASDA. As Chief Executive of his new business, he will break new ground with a supply chain to deliver exceptional speed and flexibility. With this announcement and the appointment earlier this week of Yasmin Yusuf as Creative Director, Marks & Spencer has taken two major steps to strengthen its position as Britain's leading clothing retailer, offering desirable, quality products in attractive, accessible and easy-to-shop stores. These moves underline Chairman & Chief Executive Luc Vandevelde's commitment to improve the design and appeal of our clothing ranges. George Davies said, 'I have always been an admirer of Marks & Spencer and the quality of its products. I passionately believe in this business, and I'm delighted to be working with Luc and Roger and their team.' Roger Holmes, Managing Director UK Retail said, 'We are delighted that George Davies, who has a fantastic reputation in building fashion businesses, has chosen to supply exclusively to Marks & Spencer. This agreement will enable us to grow share in an important part of the market, while allowing the Marks & Spencer team to focus on our classically stylish customer by producing quality products at great value.' The new company, which will be owned and directed by George Davies, will share the same commitment to quality and ethical trading standards that Marks & Spencer is known for. Graham Oakley Company Secretary Contacts Corporate Press Office 020 7268 6656 Investor Relations 020 7268 4195
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