Trading Statement

Next PLC 04 January 2006 Date: Embargoed until 07.00am, Wednesday 4 January 2006 Contacts: Simon Wolfson, Chief Executive David Keens, Group Finance Director NEXT PLC Tel: 08454 567 777 Alistair Mackinnon-Musson Philip Dennis Hudson Sandler Tel: 020 7796 4133 Email: next@hspr.com Photographs available: http://www.next.co.uk/press/ NEXT PLC TRADING STATEMENT CURRENT TRADE The combined sales for NEXT Retail and NEXT Directory for the period from 1 August to 24 December 2005 were up 9.8% compared to the same period last year. NEXT Retail sales were up 8.7% in the period. Net sales growth from new space after deducting deflection was 11.9%. Like-for-like sales in the 251 stores that were unaffected by new openings were down -3.2%. NEXT Directory sales were up 13.7% in the period. PROFIT FORECAST In March 2005 we said that we would increase both sales and profit in a challenging year. We now expect that our full year profit before tax will be above market expectations and in the range of £435m to £450m. OUTLOOK We remain cautious for the first half of the new year. Whilst we expect to grow sales from the addition of new space, we are budgeting for like-for-like sales to continue to run at approximately -3% over the next six months. We intend to issue our Preliminary results for the 52 weeks to 28 January 2006 on Thursday 23 March 2006. - ENDS - This information is provided by RNS The company news service from the London Stock Exchange

Companies

Next (NXT)
UK 100

Latest directors dealings