Tender Pricing Notice

Sainsbury(J) PLC
20 March 2006

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES OR ITALY



20 March 2006

                                     NOTICE



                     To the Noteholders of the Outstanding

                   £314,500,000 5.25 per cent. Notes due 2007

                  €800,000,000 5.625 per cent. Notes due 2008

                   £300,000,000 6.50 per cent. Notes due 2012

                  £250,000,000 6.125 per cent. Notes due 2017

                   £350,000,000 6.00 per cent. Notes due 2032



    issued by J Sainsbury plc under its £2,500,000,000 Euro Medium Term Note
                                   Programme

 Confirmation of the Repurchase Price and Early Repurchase Price in respect of
                         each Series of Existing Notes



This announcement is made in respect of the Offers set out in the Tender Offer
and Consent Solicitation Memorandum dated 24 February 2006 (the 'Offer
Memorandum').  Terms and expressions defined in the Offer Memorandum have the
same meaning in this announcement.

J Sainsbury plc hereby announces the calculation of the respective Repurchase
Prices, Early Repurchase Prices and Accrued Interest for each Series of Existing
Notes.

1.           £314,500,000 5.25 per cent. Notes due 2007

(a)                   Repurchase Yield =4.764%

(b)                   Early Repurchase Yield = 4.664%

(c)                   Benchmark Reference Security Yield = 4.364%

(d)                   Repurchase Price = £1,004.53 per £1,000 Nominal Amount

(e)                   Early Repurchase Price = £1,005.65 per £1,000 Nominal
                      Amount

(f)                   Accrued Interest = £44.73(1) per £1,000 Nominal Amount

(g)                   Early Submission Amount= £1.12 per £1,000 Nominal Amount



2.           €800,000,000 5.625 per cent. Notes due 2008

(a)                   Repurchase Yield = 3.544%

(b)                   Early Repurchase Yield = 3.444%

(c)                   Benchmark Reference Security Yield = 3.244%

(d)                   Repurchase Price = €1,044.97 per €1,000 Nominal Amount

(e)                   Early Repurchase Price = €1,047.22 per €1,000 Nominal
                      Amount

(f)                    Accrued Interest = €39.45(2) per €1,000 Nominal Amount

(g)                   Early Submission Amount= €2.25 per €1,000 Nominal Amount



3.           £300,000,000 6.50 per cent. Notes due 2012

(a)                   Repurchase Yield = 5.328%

(b)                   Early Repurchase Yield = 5.278%

(c)                   Benchmark Reference Security Yield = 4.378%

(d)                   Repurchase Price = £1,057.14 per £1,000 Nominal Amount

(e)                   Early Repurchase Price = £1,059.92 per £1,000 Nominal
                      Amount

(f)                   Accrued Interest =£45.591  per £1,000 Nominal Amount

(g)                   Early Submission Amount= £2.78 per £1,000 Nominal Amount



4.          £250,000,000 6.125 per cent. Notes due 2017

(a)                   Repurchase Yield =5.457%

(b)                   Early Repurchase Yield = 5.407%

(c)                   Benchmark Reference Security Yield = 4.357%

(d)                   Repurchase Price = £1,048.01 per £1,000 Nominal Amount

(e)                   Early Repurchase Price = £1,052.31 per £1,000 Nominal
                      Amount

(f)                   Accrued Interest = £59.241  per £1,000 Nominal Amount

(g)                   Early Submission Amount= £4.30 per £1,000 Nominal Amount




5.          £350,000,000 6.00 per cent. Notes due 2032

(a)                   Repurchase Yield = 5.526%

(b)                   Early Repurchase Yield = 5.476%

(c)                   Benchmark Reference Security Yield =4.126%

(d)                   Repurchase Price = £1,053.76 per £1,000 Nominal Amount

(e)                   Early Repurchase Price = £1,061.02 per £1,000 Nominal
                      Amount

(f)                   Accrued Interest = £58.031 per £1,000 Nominal Amount

(g)                   Early Submission Amount= £7.26 per £1,000 Nominal Amount

Important Notice

No offer or invitation to acquire or exchange any securities or proposals to
Existing Noteholders is being made pursuant to this notice.  Any such offer,
invitation or proposals are only being made in the Offer Memorandum and any such
acquisition or exchange or acceptance of such proposals should be made solely on
the basis of information contained in the Offer Memorandum.  A copy of the Offer
Memorandum is available at the offices of the Existing Paying Agents.

--------------------------


(1) Shown rounded to nearest £0.01 per £1,000; for actual calculations, accrued
interest is rounded to nearest £0.01 based on full position


(2) Shown rounded to nearest €0.01 per €1,000; for actual calculations, accrued
interest is rounded to nearest €0.01 based on full position


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