Sec of State's Announcement

Sainsbury(J) PLC 26 September 2003 26 September 2003 Sainsbury's response to the Secretary of State's announcement Sainsbury's notes the Secretary of State's announcement today that she is accepting the conclusions of the Competition Commission and has decided not to permit Sainsbury's possible offer for Safeway. Peter Davis, Sainsbury's group chief executive, said, 'We are disappointed with this outcome. However, we are encouraged that we have the chance to bid for some of the stores that Morrison's is required to divest and believe we are well placed to bid for a worthwhile number of these stores. The Competition Commission's report is a significant document comprising five hundred pages and we will reflect on its detailed content.' For enquiries: Investor Relations Media: Lynda Ashton +44 (0) 20 7695 7162 Pip Wood +44 (0) 20 7695 6127 This information is provided by RNS The company news service from the London Stock Exchange
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