Transaction in Own Shares

Next PLC 19 July 2006 Next plc Off-market purchases by way of contingent purchase contract by the Company of ordinary shares for cancellation Next plc announces today that, pursuant to the authority granted at the Annual General Meeting of the Company's shareholders on 17 May 2006, it has entered into a contingent forward purchase contract with Goldman Sachs International on 19 July 2006 under which it may acquire up to a maximum of 1,350,000 ordinary shares for cancellation at a price of 1599.91 pence per share in the period up to 14 February 2007. This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. A J R McKinlay Company Secretary Next plc Editorial note: Under the contingent contract, the Company may purchase a fixed number of shares each week in the period to 14 February 2007 (excluding 20 and 27 December 2006 and 3 January 2007), at a fixed price that is at a discount to the market price prevailing at the start of the contract period. The contract is contingent in that it would terminate early, and no further shares would be purchased, if the Company's share price increases to a pre-determined suspension level during the contract period. This suspension level has been set at the start of the contract and is between 104% and 110% of the Company's share price at the start of the contract. This information is provided by RNS The company news service from the London Stock Exchange

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Next (NXT)
UK 100

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