Director Shareholding

Next PLC
29 May 2003

Next plc

Directors

The Company has been notified today that Mr Simon Wolfson exercised options
granted to him under the Company Share Option Scheme to purchase Ordinary Shares
of 10p each in Next plc as follows:


Name                                    Date of Exercise               No of Shares                 Exercise Price

Simon Adam Wolfson                        28 May 2003                     25,000                         530p

Simon Adam Wolfson                        28 May 2003                     25,000                         340p

Simon Adam Wolfson                        28 May 2003                     10,000                       237.67p


Mr Wolfson also disposed of a beneficial interest in Ordinary Shares of 10p each
in Next plc as follows:


Name                                    Date of Disposal                No of Shares                    Price

Simon Adam Wolfson                        28 May 2003                      60,000                        992p

Simon Adam Wolfson                        28 May 2003                      50,000                        993p



Next ESOP Trust

On 29 May 2003 the Next ESOP Trust disposed of 64,500 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 9,176,659.

Mr W Barnes

Company Secretary

Next plc


                      This information is provided by RNS
            The company news service from the London Stock Exchange