Purchase of Own Securities

Sainsbury(J) PLC 27 July 2000 J Sainsbury plc - Purchase of own securities In accordance with Chapter 15 of The Listing Rules notice is hereby given that at the Annual General Meeting held on 26 July 2000, the shareholders of J Sainsbury plc resolved that the Company be generally and unconditionally authorised to make market purchases (within the meaning of Section 163(3) of the Companies Act 1985) of ordinary shares of 25p each in the Company ('ordinary shares') provided that:- (a) the maximum number of ordinary shares hereby authorised to be acquired is 192,000,000; (b) the minimum price which may be paid for any such share is 25p; (c) the maximum price which may be paid for any such share is an amount equal to 105% of the average of the middle market quotation for an ordinary share in the Company as derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the day on which the share is contracted to be purchased (exclusive of associated expenses); and (d) the authority hereby conferred shall expire at the conclusion of the next Annual General Meeting of the Company or 18 months from the date of this Resolution, whichever is the earlier; but a contract of purchase may be made before such expiry which will or may be completed wholly or partly thereafter and a purchase of shares may be made in pursuance of any such contract. Further enquires contact William Hamilton 020 7695 6379
UK 100

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