Director Shareholding

Next PLC
25 January 2001


Next ESOP Trust

On 25 January 2001 the Next ESOP Trust disposed of 6,269 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 8,341,971.

Company Secretary