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Thursday 12 May, 2005

Schroder Inv.Mgmnt

Statement re. Press Comment

Schroder Investment Management Ltd
12 May 2005

Following a request from the Takeover Panel to clarify comments appearing in the
press in respect of the current bid for JD Sports, Schroder Investment
Management Limited wishes to make it clear that it is Schroders' current
intention not to accept the bid in respect of its holding but we reserve the
right to change that position.

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