Annual Report and Accounts

Next PLC
11 April 2003

NEXT plc

Annual Report and Accounts

A copy of the above document has been submitted to the UK Listing Authority and
will shortly be available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel. No. (0)20 7676 1000

The document will also be available on the Company's website, www.next.co.uk
from Monday 14 April 2003.



Next ESOP Trust

On 11 April 2003 the Next ESOP Trust disposed of 110,000 Ordinary Shares of 10p
each in Next plc to satisfy share options exercised by employees of the Company.

Executive Directors of Next plc who are participants in the Company share option
schemes are deemed to be discretionary beneficiaries of the Trust and are
consequently considered to be interested in all of the shares held by the Trust
which amount to 7,143,037.



Mr W Barnes

Company Secretary

11 April 2003


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